Either option is good but they both have pros/consNEW BUILD - You'll have all those warranties, 1 year, 2 year, 10 yearEXISTING HOME - You might have more freedom for what you can do with the house, no HOA & larger backyardA lot of new builds are offering interest rate buy downs that are lower than the regular market right now.  

My realtor isn't showing me anything that isn't on the regular residential MLS and she doesn't really add any value to these larger deals. 

Hello Ayoka, You can deduct certain expenses related to the rehab of the property, but how you deduct them depends on the nature of the expenses.

Plus a regular home will have established value and appreciation while a container home will be hard to comp.

I have not read the Virginia law on this, but we fund deals for wholesalers in Virginia regularly, so to the best of my knowledge there are no rules requiring a real estate license to do a same day back to back closing.

If your regular depreciation is not enough to erase all of your net income, cost segregation can do the trick.

(I don’t know if a regular warranty company would use this as a reason not to cover you as well, especially if the repair was expensive.)

This is just a general spreadsheet for calculating capex, regular expenses, vacancy, etc.

I guess I can ask for more rent from the host than from a regular tenant?

We also have other great lenders we work with regularly, some as long as about 20 years.