Check to see if there is new construction in the area that will hurt your rents during lease up. 

Was primarily looking into newer constructions.

-------------------------------------------I am involved in a construction project which requires a Builder’s Risk policy/coverage…something off the beaten track for most people.

Looking to build in Truckee, what are current market construction costs?

However, with nearly 1 million units under construction nationwide, supply pressures persist, especially outside the Sun Belt.

Based on my market knowledge, 350k for a new constructions with close to 3k in rent seems like a fairly solid deal for the area.

The lenders I have historically worked with have not punished my rates for new construction, cash outs, etc.

Appliances and fixtures were old and tired.Basically, the core bones of the property were good, but there were a lot of things that seemed ripe for easy improvement.The location was great, right next to the town’s primary commercial district, with a grocery store 100 yards away, coffee shop/bakery, Post Office, drugstore, hardware store, hair and nail salons, barber shop, dentist, bank, a half dozen restaurants, and a variety of other shops and services.

Columbus Ohio if you are looking at new construction 

I sold a beachfront home last year that was ICF constructed in 2000 with a metal roof on concrete pilings and the insurance went up triple what my larger 2019 stick built with shingle roof 6 lots down is.