Will be turning into a 4 bedroom home with complete main floor living.

I am Texas based so may answers will skew more towards my region but I would leave to hear what are some other areas you may be paying attention to that isn't as popular as some of the main stays (Smokies, Joshua Tree, etc)Mine right now are 1.

My name is Thomas and I am an experienced lender/investor in Phoenix and Portland, Maine. 

My wife and I run collegiately and can potentially get schooling and living expenses (such as housing) paid for with a sports scholarship.

When I started, I first wrote out my 3 main objectives for my portfolio, which was cash flow, appreciation, tax benifiets in that order.

I’m simplifying the numbers here to focus on the main concept, so I’m leaving out factors like expenses, improvements, property management, repairs, etc., for now.Here’s the scenario:- I bought my house in 2022 for $1MM and used it as my primary residence.- In 2024 (after 2 years), I moved out and converted it into a rental.

Hi Trevor, the main question is going to be how close is the new construction to a urban/suburban area? 

I'm not sure what your main goal is or how big you want to scale but you probably won't have any type of set back up until you get passed 35-40 units or so.

Our main issue is that we are getting exhausted with people who say they're cash buyers and can't produce a POF.

My main reason for wanting to do this is for liability purposes.