You need to make sure you have ample drive by traffic and that the market can absorb the units and how long it will take.

Merely speculating but my guess is this is a lower value house that struggles to absorb cap ex.

The more I read and absorb the more I feel like I could do this without a company like that.  

I am all ears to what everyone has to say I am ready to absorb knowledge from everyone who is well seasoned. 

I'm brand new to BP and RE investing, and I'm excited to start this journey and learn as much as the old grey matter will absorb.

I am able to read and absorb a lot of material but there are a lot of complications for this type of strategy so I was interested in a real world example of it playing it.

A 2% increase on a $1,000 rental is $20 which I think most anyone can absorb without stress.

Since you alluded to the fact the property is a lower priced property, its even more important to complete an inspection moving forward with similar purchases because its more difficult to absorb this cap ex repair.

While it is possible that some construction gets abandoned, the reality is that most projected supply will be completed, and will immediately get absorbed by the market. 

I've been reading along and trying to absorb as much knowledge as I can in the last 4 years.