Let’s just say a contractor taking you to court is easier said than done.

@Reeves Bennett, Your property sounds fantastic, and the key is targeting the right buyer while showcasing its value.

Regarding common equity, one advantage of this investment mode is that it targets more upside growth and a higher MOIC.

•Target a property in the $800K–$1M range to maximize leverage while keeping costs manageable.2.Open a Second LLC:•Create a new LLC for this property acquisition to separate liabilities and maintain a clean structure.3.Assign Funds & Organize Finances:•Allocate funds to property improvements, marketing for new deals, and reserves for emergencies.

I have clients that have these kinds of arrangements, and while it is easier when an org fills your units, you can lose control of maintenance and cleanliness.

What I don’t understand is how to overlay all of that information to pick a good spot and I also don’t understand the appropriate thresholds for each of those indices (income, percentage in the target age group, and how dense).

In high season, people generally stay for longer periods of time and things are humming a bit easier.

There they have a much higher likelihood to get tenants who will pay not to mention respect the property and make things easier for everyone. 

Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.  

You can target stable areas that can rent for $2.8k-$3.2k.