This is one of the main inherent risks with pre-construction, and the pre-construction market has cooled, and with impeding tariffs, there is some uncertainty around where prices will be in the coming months.One thing to clarify, are you looking to buy an investment property or a primary residence (or perhaps abit of both where you live in one unit and rent out the other)?

However my market is currently Arizona.

You may qualify based on Market Rents or Lease Agreement.

If Allstate is not offering proper coverage (stress the if) and you can get proper coverage in the surplus lines market you would want to do that. 

They would likely be able to confirm that your expenses are reasonable for the area or that your rents are at market rates.

I don't know how much you have but a build to rent triplex all in our market is 150k liquid normally with full return of capital in 9 months.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

It seems most off market deals I've found have been from larger acquisition groups.  

@Beatrice Ontiti we most certainly agree that adding new construction in a growth market to your portfolio would be a great next step! 

Perform due diligence by reviewing the financials, market trends, and property condition.