For any investors in the group, take a peak at #10 Greensboro/High PointIt's an interesting choice of verbiage to look at "median" sale price YoY because 10% feels like A LOT on the entry-level/investment inventory, and more of what I see in the high-end resale and, specifically, new construction inventory that tends to swing our avg's way up in the macro.Completely disagree that rent will be 0%.

The high HOA fee is already a factor, so ensure you’re comfortable with the overall carrying costs.Focus on the Land Value: Since the lot has development potential, you’re looking at this as a long-term investment.

Low cost + high rent/value ratio.My market of Middle TN doesn't have any livable property for that price and the 1% rule isn't very realistic. 

I have used the same contractor for a few projects, so I'm getting a break on my price but 140k, seems to me, very much on the high side.

Buying in a high COLA with loss protection is a no-brainer in my book, but only if you expect to relo again.

You can also expect increasing HOA fees, and there may be some problems renting a property inside a difficult.You don't have any experience, prices are at an all-time high, and rates are also high. 

If this $30k was instead invested in a taxable brokerage account, you'd pay capital gains taxes on the $70k of growth and be left with a tax bill as high as $14k.

Most of these folks don't want to lose their voucher.Additional issue, when rent is too high, it slows down leasing. 

We charge 10% and we pride ourselves on quality service.

As you already know, the quality of the investor agent will speed up your learning curve, and save you money, time, and headaches.