Their neighborhood selection process is key in affording investors a home in an area that instantly produces positive cash flow and high probability to earn above average market appreciation over the long term.

I also like to make it a condition that the seller deliver a couple of days before closing an Estoppel Certificate from the tenant where the tenant confirms:  (a) true and accurate copy of the lease and all amendments thereto; (b) address/unit they are occupying; (c) statement that Landlord is not in default under the Lease: (d) statement that Tenant is not in default under the Lease; and (e) statement of monthly rent and remaining term.This protects the buyer in the event there has been a subsequent written or verbal amendment of the lease (that the seller does not disclose) and prevents the tenant from making statements to the buyer/new landlord that are different from the terms of the lease that was provided to the buyer from the seller.Vivian

Finding undervalued properties is a great way to instantly build equity, but this takes a lot of work as well.

“A curated list of the most unique and lucrative short term rental investment opportunities hitting the market the previous day, delivered daily”In an attempt to find better deals and properties to use for short term rentals I’ve come across several platforms some that I’ve shared previously. 

What instantly struck me was Engelo wasn't interested in building his business through quantity of customers, but was after quality.

I want a tangible asset that builds wealth over time not a one time thing I'd wholesale, flip, work multiple jobs, deliver packages, pizzas etc until I got enough cash to buy a place before I did arbitrage 

I never use average rehab cost/sqft because every building is different from what I have rehabbed so far in the past 15 years, but here are some general estimates for youCosmetic rehab: $11 - $25 per square footLight rehab: $26 - $50 per square footFull gut rehab: $51 - $90+ per square footThe biggest cash buyers of properties in the CLT include:iBuyers (instant buyers) such as Opendoor, Offerpad, and RedfinNowInstitutional investors like Invitation Homes, American Homes 4 Rent, and Tricon ResidentialReal estate investment trusts (REITs) like Equity Residential and AvalonBay CommunitiesPrivate equity firms and hedge funds like Blackstone and Cerberus Capital ManagementLocal and regional real estate investors and investment groups

This not only enhances your home's appearance but also improves safety and security.Install Window Boxes: Adding window boxes with colorful flowers or greenery can instantly boost your home's charm factor.

Your friend building one house isn't even 1% of 1% of 1% of the housing inventory delivered. 2% is modular construction this article says.

It will be more expensive for sure.There are some places you can get some deals on things delivered but they are often not the best quality.