Here’s a quick breakdown based on my experience:Building new construction gives you full control over the design and materials, allowing you to incorporate the latest energy-efficient systems.

After you've reno'd and trended rents, either (i) sell / cash out or (ii) cash out refinance with a long term 10+ year fixed perm loan, and proceed to own/operate. 

There was so much appreciation during the pandemic that it will take years to settle back in line with long term trends.

If you give me some cross streets I can look for you at other elements such as crime, schools, rent/price trends in that area. 

Look at Berkeley rent trends for the past 4 years.

This will help you stay competitive and align with current trends.

We also have absolutely insane tenancy laws designed to protect tenants and make landlords' lives difficult.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Still on my radar, although I may stick to slab/stick built basic build designs.

Understand the demand, seasonal trends, local regulations, and competition in the area.