Maybe you change it to a 12 month lease at $x or MTM at $x plus more money.

Jeremy Hicks at Guild Mortgage in Central Oregon Hi @Christina Tsutsui-Tharp!

It goes to your preference, of course, but whichever can produce the greatest ROI should be considered.There are many markets in Michigan, for example, where it is cheaper to buy an existing house and fix it up than it is to build new.That may not be the case where you are at or through the construction suppliers and contractors you may have access to.To Your Success!

Where are you looking to buy in those states?

My answer wasn't aimed at an actual answer, that would be impossible. 

I do construction management for investors and I usually find them good contractors at good prices. 

Properties here often fall well below $150k, and the market is expected to see home prices rise by 10.5% in 2025.

We are very excited to share your investing journey with you and here to help you reach your goals however we can. 

Then look at different REI to scale to that number.  

I am looking at purchasing a property that was previously a 200+ acre lot that has been subdivided into 2 acre lots.