We are low income so when we go to refinance we will probably need to do a construction loan and use projected rental income to cover the loan. 

New construction often means lower maintenance costs since everything is fresh and up to code.

The “New Client” Trap: Scammers will pretend to be potential clients and will carefully construct emails to try to steal sensitive information including your PTIN, EFIN, or CAF number.

Also you should try to find a construction manager and take them to lunch, they should be able to give you guidance on cost to build.2.

@Tosin Oluwatoye and @Jason Rowlett I am actually constructing two tiny homes (454 & 340 sq ft) on one small lot and will market them as a multi-family property.

The basic structuring of a real estate investment does not fit into their constructs.2.

Greenville, known for its substantial growth, continues to see new construction and renovation projects, making it a highly desirable market.

Regional hospital in Denison, Two huge casinos in Oklahoma and a number of smaller ones, Four TI chip plants under construction, and they already have a plant there now, but not sure what it makes, Tyson foods factory (I think chicken), airport that I would think gets some cargo service (but no passenger service yet). 

Meanwhile, we're putting in two new-construction 2br ADUs on the current property, plus converting the garage to another 1br ADU (it's a bigger-than-normal lot).

If a new construction house costs 300k but a preexisting home costs 275k, that premium might be worth doing.