Downside is you likely need to be asset class and location agnostic.

Form an LLC where the property is located or where you live.

Purchase price: $175,000 Cash invested: $65,000 Sale price: $315,000 This was our second flip project located in Sacramento  Congrats Aaron!

But in terms of a new home builder wanting to buy 109 acres in that location - I just don't see that being very likely (IMHO). 

I also am Located in Western Washington in the Pacific Northwest.

Of course this can be different depending on where the property is located but if you can meet these requirements, then it would be considered a bedroom.Notice that closet isn't listed like I had pointed out in my first post.

Most of my locations are in areas that a store maybe 10 minutes away. 

The rates are higher and points +++ plus prepay for a commercial loan or hard money loan.Loans closed in America are reported and stats are available as to who closed, how many, loan officer, dollar amount, loan type, location and more detail.

Location: Tampa, FLZoned: RS-50Lot size: 6,969 sq ftNew construction homes in the area are selling for at least 350k.*** Also, this deal has lots of red flags including the immediate 30k price drop, the 10-day fast close & the non-refundable 10k EMD.

The benefit of purchasing in high cost location is the higher building value, thus greater depreciation potential.