Consumers should rely upon their own investigation and inspections.

My comment: Most production homebuilders don’t do this, because if anything goes wrong with the flooring during the later stages of construction (tile crack, blemish/scuffing, whatever), it’s much more expensive and time consuming to fix it after the cabinets are installed on top.

With this approach, you may maintain a small income while accumulating equity and offsetting housing expenditures.Investing in rental properties: In reasonably priced locations, you may purchase economical single-family homes or modest multi-unit buildings.

The factors within your control/influence are much greater than some modest market environment headwinds.

On the more modest end of things, I like the podcast Women Invest in Real Estate with Amelia McGee and Grace Gudenkauf.

If there is no active lease agreement, and again depending on state regulations, send them a notice to vacate.I do not ever permit smoking in my rentals, it is one of the most costly and time consuming tenant habit to mitigate.Feel free to connect - hope all goes well!

It keeps me on schedule with reviews of their payment history, lease compliance, in-person property inspections, rent increases, lease term updates, and more.With even a modest 3% increase per year, their rent would be $3,054 in the third year, almost $80 a month more than you currently propose.

If house hacking doesn't pay the whole mortgage, that's ok, it's more important that your mindset is thinking as an investor and not a consumer.

Our plan in the near term would be to use the cash-flow to buy additional properties every 1-2 years, increasing cash-flow so that we can live off that income after 10-15 years.Given our modest goal of $10K/month, I am leaning towards Option 2 which is to use cash to buy properties and in a few years re-evaluate financing.Here is one of the new construction duplex properties I am vetting right now:Purchase price: $360K for a duplex.Expected rents: $3300 monthlyInsurance + taxes: $500Vacancy, Maintenance + Capex, Property Management (25%): $800Net cashflow: ~2K/month (CoC ~7%)

JD I used to have that line of thinking but parcels can and do get landlocked quite often thats why title insurance is so critical when buying land and insuring your access.. suits for prescriptive right a ways are expensive and time consuming..