Well the bet I'm making here is that CapEx and repairs will be very low the first few years (honestly event he first decade), and once all the construction ends I will be able to increase my rent closer to market rent at $2k which will give me a better cushion.

@Terrence StarkTypically the contract to buy the new house would specify that the builder/seller would deliver the type of plans you are referencing.

That’s the best bet.

There are some HOA's that are in such bad shape they wont allow any type of loans and it must be a cash purchase.

There can also be a lot of bad advice, so be sure you know your local laws before blindly accepting this type of advice.After 30 years of being in this industry, a lot has happened. 

Since the BK must be disclosed in any securities offering, you would not be able to be a partner in a syndicator/sponsor type deal9.

Financing depends on your scenario and what type of property you're purchasing.

What made you interested in investing in this type of deal?

Just received the clearance testing and still have "slight mold elevation" in the basement, still indicating Stachybotrys and a couple other bad types of mold.

Upon further review, there is 1 active Type 2 STR permit on this blockface prior to your STR application submittal, but a system glitch did not capture it on the OneStopMap.