Or partner to reduce the risk. 

However, when you weigh that against the reduced maintenance and energy savings, it can balance out.Longer Lease-Up Time: New construction properties might take a bit longer to lease up compared to established neighborhoods, especially if the area is still developing.5.

This allows you to finance the loan's closing costs, which will reduce your total upfront cost.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.

I also have a friend who recently launched a platform specializing in reducing the administrative burden of tax appeals (link below and happy to connect you to them), which tends to increase the success rate.

Each market/location varies on construction materials and labor costs plus comparable available existing properties to buy.3.)

I have set up WIP accounts for WIP LABOR and WIP MATERIALS.

Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.

A 2-4 unit as highlighted by others above is a great way to reduce costs of living, gain equity, and eventually move on while retaining the asset for cash flow.