Patty's Day parade, this home is perfectly situated.

As long as it's zoned properly and your HOA allows nightly (or weekly rentals), you should be perfectly fine.

Nothing ever goes smoothly, perfectly according to plan, without any problems.

Current market estimates, and ones that I have received myself, have the installation of a new ATS ranging from $45,000 (on the low end with perfect property conditions) to $80,000 or more.

An ounce of prevention is better than a pound of cure.Inspectors can vary DRAMATICALLY in their experience levels, and their thoroughness, and even the best inspectors will occasionally miss important issues (nobody's perfect).Therefore, each time I buy a property, I don't use one home inspector, I use SEVERAL layers of inspection done by SEVERAL pros.Yes, I use a regular home inspector, but I also have an experienced plumber scope the sewer line on EVERY property before I buy.

In a perfect world, I would be able to command a rent high enough to at least earn 0% on the house to pay down the mortgage.

I thought I was going to own a few dozen single family properties before moving on to multi but after 3 I bought a 14 unit and have never looked back going bigger and bigger on every deal. if im not mistaken everything is already baked into that 775k except closing costs. and construction should take 6months tops. land is included (1acre) but if i had my own land builder said they'd take 65k off the price so 710k. yeah im just thinking whats best way to move forward. my first deal doesnt need to be perfect just want to build a nice base to build from

The quest for the perfect "Power Team" or the endless consumption of content without action is where potential success fades into the background noise.This underscores the exact issue we're addressing.

Lennar is either 1 or 2 in size in the US DR Horton is the other.. they are production builder so yes quality is not their hallmark.. price is .. 2. wrapping the mortgage could certainly create an event of default with Lennars lending arm. there by trashing your credit. 3. if your buyer stops paying you have to keep paying and foreclose and hope they have not trashed the home when you get it back.. like all things creative finance wise sounds great on paper and is great if it all goes perfect but lots of things can fall apart if things do not go right.. so what is your fico score worth ?  

It's a perfect place to start your real estate investing journey.