Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   Appreciate the breakdown!

Quote from @Aaron Meyerrenke: Just curious if you ever ended up building? 

So I guess the new investors networked with each other and the dudes who set it up and collected dues.

Could anyone share advice or insights on the market here?

I've been going about as long as you have and things are starting to come together and happen for me here in Sacramento.

In Spring Branch, new homes with modern amenities come with lower maintenance costs, but might have tough competition and higher initial expenses.

I was once told jokingly that we bet on the jockey, not the horse.Next comes the property.

Especially for the Southeast / Sunbelt region of the US.  

Not one of the detractors in this thread has gone through the entire course. 

A prudent investor doesn't seek quick riches through shortcuts.