You can expect turnover costs, losses due to vacancies, and other expenses.

I'm thinking of doing this myself and trying to determine what this is going to cost me.

The costs are not trivial, but they are less than you would pay for a nice used truck.One of the main reasons I am considering this route is the leads that are provided.

The current costs of construction are so high that you can just find more bang for your buck buying as opposed to building.

The very tragic LA fires have generated a lot of discussion about insurance costs.

With that being said we tend to see a lot of CA buyers relocate here for the lower cost of living including lower home values, property taxes, insurance, no state income tax, gas prices etc.

I would connect with other investors and go to a few free/low-cost meetups to start and learn from them the strategy and how they learned to do what they did.

This lesser-known strategy could help you save money and reduce your monthly payments without the hassle and cost of refinancing.

All in one closing so the costs are minimal. 

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us..