No one can predict how much they will go up, and this simple clause helps protect the buyer and gives them a reason to get out of the contract.

Currently, I am planning to build single-family homes on those lots.Keep this business simple and focused on your niche.

I think 50-150 units is no mans land and we stick to institutional level sized deals. his underwriting is too simple. the unit mixes are off we only build studios and 1 beds for fast absorption, the deal is also under parked without a parking study. anyone who uses "roughly" in their analysis isn't sophisticated enough. we underwrite rent growth, asset growth, and a million other assumptions this wouldn't pass any people I know who invest in deals. get with a More experienced operator and read more sophisticated underwriting. 400k per door new construction is crazy. how much is the land? 

The profile looks simple enough at the top and bottom that this should be doable without having to turn a new profile.

At this point everything is on auto pilot and someone could buy the property from me and just collect the rents.So, as an example that I'm making up for simple math: If the property is worth $700,000 and it's been consistently bringing in $50,000/yr in net revenue, could I sell the property as a business for more than the property is worth (eg $850,000)?

While they are probably a slightly better guest than Airbnb, I would much rather get Airbnb bookings because we hear from VRBO guests A LOT on simple questions.

I’m looking for a company with voice recognition to respond to simple questions. 

@Shital Thakkar There is no simple number because all markets are different.

It will require some small set up but for a single unit self managing is possible and rather simple (even in CA) if you have the time for it.

@Mohamad Guene  Simple answer - you will be cash flow negative, and your appreciation will be limited.We did a new build once for a rental - it performed miserably cash flow wise despite a great location and property - we ended up selling it 3 years later.There are very few new builds in Huntsville proper - are you referring to an outlying area like New Market or Meridianville?