I would even say by somewhere in the range of +20%.

In markets like Indianapolis, you can find new construction duplexes with solid rental returns at a much lower price point, often in the $400k range or lower, with better cash flow than many coastal markets.I work with Neu Real Estate Group, and we specialize in new construction duplexes for investors, specifically designed to maximize rental income.

We stick to the 1960's inventory, which is easier to work on, but I totally agree cash flow as in "replace my W2" is a myth, it is necessary and also better to re-invest cash into asset upgrades. 

Not sure how I missed it originally - but it has rang true so far in our experience. 

So a healthy buffer, and then from there they'll be working annual increases in that range I mentioned before. 

And I certainly didn't "cash flow", as rents were in the $18,000-20,000 range for the first few years.  

There are a number of contractors that can do the testing for you and prices seem to range anywhere from $300/unit to $900/unit. 

I'm located just north of Austin, and our mega builders are offering some incredible incentives right now to move inventory.

I'm looking to purchase 10-15 new-build single family homes (250k-$300k range) as long term holds.

We were doing ok yr 1 but now insurance and taxes have both gone up and bookings are down and I'm looking at selling but inventory is high also... any suggestions?