Maybe even failure to take full advantage of an opportunity, resulting in a loss of potential profit or benefit.

This will change the roi and cost benefit equation quickly.

I agree with the majority: the wisest move is to live in an affordable market where your dollar will go 3x as far.I didn't give any advice, I just laid out a viewpoint.To address your point, does it matter how much the PITI is, or how much the PITI is relative to the property income?

Greetings all,I'm still a relatively new investor but looking to diversify my investing strategies.

In this case, anticipate the LLC that owns the real estate to be listed as a defendant alongside the Builder in the event of a construction related liability incident. 

We're all about building trust and good relations here.

The main property will be my primary residence.My biggest question is, what kind of foundation would you use, (that is to code and will pass inspection/permits in Charlottesville) that is either relatively easy DIY or cheap to outsource.

I have this theory that basically the stock market can grow faster than the fundamentals more so than housing, reason being when people put money into their 401k or whatever they are just throwing money in, not looking at p/e or whatever, the stock market is in part just an index of Americans excess savings plus it’s a unstated policy of the government that stocks go up, where as housing people are obviously very very aware of how much thier monthly payments is/ how much rent is, plus it seems that is actually a push to lower housing prices at least relative to inflation.

@John Paul, it's time to graduate from "old school" and start living in the 21st century for your own benefit.

It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!