The idea was that the buyer we were financing to would fix the properties up BEFORE moving in.

I've never invested in commercial real estate but the price they want to sell for seems very attractive.

I am super attracted to the idea because I love to fix and flip, and the emount of money to get started is so much less. 

Without getting too deep into the weeds, there are a few ways to do this, including:- write up an assignable lease and an option to buy which the seller signs, then assign the lease and option agreements to a tenant-buyer.

I have a lot in East Rockaway, corner that I am helping the owner find a buyer...Trying to get more info on like zoning and how much you can build, Property shark has been useful in NYC but pretty useless in Long Island, can not even find basic info there, is there another website or resource I can use for more detailed property info?

From a property appreciation / ROI-on-sale point of view, its unclear how attractive such a property would be for a future buyer.Would really appreciate your thoughts on this Invest 5S proposition or similar build-to-rent units.

My focus is on finding off-market deals and building a strong buyers’ list.

Hello buyers in the Spokane, WA area and the PNW!

In my experience these brand new rentals don't get the rents anticipated by out-of-state buyers.

Quote from @Donald Hatter: Pros:- Builders have many homes to sell at one time so it is easier to negotiate a better deal than with a home owner in the same neighborhood who is trying to sell their primary residence - Buyers bust out of deals all the time and builders don't like holding completed homes- Lower maintenance which leads to easier property management expenses.