After talking to a construction management company, I found the ARVs to be inflated.

Here are some key highlights:Massive Construction Boom: With a staggering 280.8 megawatts (MW) under construction by year-end, Hillsboro’s data center inventory is poised to more than double, according to a report just issued by CBRE.Rising Prices and Low Vacancy: Average asking prices climbed to $147.5 per kW/month, reflecting increased demand.

There is a ton of new/newer construction around there that has come online the last 2 years in the medical district and most of those buildings have had real challenges.

I would bet the most of us self manage.

I would say your best bet is to see if you can purchase a home with an assumable mortgage. 

We have an inventory of off market New Construction investment properties in a number of growing markets that will cashflow day one.  

Had someone help who works in construction that I knew.

The construction cost for the brewery / restaurant is ~2.4M. 

While I am the agent and not the project manager/builder, I am in construction meetings and see what they do on a daily basis.

I put them in $400k plus houses here new construction.