If so, you should also look into the insurance requirements during construction (both builder risk as well as the GC's policy, but particularly the GC policy).

My role with this MF company is to manage the design, construction of the GC's and opening of the properties.

I'm looking at their multifamily new construction as well.

For any investors in the group, take a peak at #10 Greensboro/High PointIt's an interesting choice of verbiage to look at "median" sale price YoY because 10% feels like A LOT on the entry-level/investment inventory, and more of what I see in the high-end resale and, specifically, new construction inventory that tends to swing our avg's way up in the macro.Completely disagree that rent will be 0%.

Paid 77% of the original list price on this new construction home.

Blacktip Construction Group.

The provider I am using allows for 60 days of continued coverage once construction. 

. 💪 what's this have to do with new construction and development? 

I always check around with other property owners, investors and ask them who they're using for their construction work and if they were pleased with the work. 

Was able to get a meeting with the seller and negotiated using evolving knowledge of construction and deal analysis in addition to discovering seller motivation through direct contact.