Any investor looks for places which have a bright future, not one's where their downtown is closed due to crumbling and unsafe buildings.https://www.wkbn.com/news/local-news/gas-explosion-in-youngs...https://www.economist.com/united-states/2022/03/12/what-buck...https://ysu.edu/center-working-class-studies/renaissance-who...https://www.propublica.org/article/these-companies-got-milli...As Bones would say, it's dead Jim. 

For the purchase of newly constructed properties, if the borrower has a relationship or business affiliation (any ownership interest, or employment) with the builder, developer, or seller of the property, Fannie Mae will only purchase mortgage loans secured by a principal residence.

So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?

I am currently interning this summer with a big home builder you may have heard of (PulteGroup) where i am working directly with construction managers.

Timm Construction - 937-474-6073They can do everything. 

to get to the point, i would find an area likely to experience more demand and ensure the financials work out for both MTR & LTR's. i would ideally start out with a fourplex and depending how that goes, possibly scale from there. i do believe that it is more traditional to syndicate on larger properties so i am wondering if you know if it is possible to syndicate, starting off, for one fourplex or even one MTR condo. my gut feeling is to start with one beach-front condo in florida that requires $37,250 down . a new construction fourplex, however, i could finance with a USDA loan myself and not have to consider investors so that may make things easier, possibly.no airbnb's. maybe VRBO. two week minimum stay. only in areas very likely to have housing demand due to new factories being built.i own/run an STR right now and it is going well with only the occasional hiccup.

I would appreciate any constructive feedback.

In markets like Indianapolis, you can find new construction duplexes with solid rental returns at a much lower price point, often in the $400k range or lower, with better cash flow than many coastal markets.I work with Neu Real Estate Group, and we specialize in new construction duplexes for investors, specifically designed to maximize rental income.

The city's resurgence can be attributed to a combination of tapering construction on new units and a steady increase in demand, pushing rent growth above its pre-pandemic average of 3%.Similarly, San Francisco experienced a dramatic turnaround in July, with apartment rents jumping from 1% in June to 2% at the end of the month.

“Every person licensed pursuant to this chapter shall include his license number in: (a) all construction contracts; (b) subcontracts and calls for bid; and (c) all forms of advertising, as prescribed by the registrar of contractors, used by such a person.”Only times I’ve been given some excuse on this, the bidder was not a licensed contractor, while claiming to be such.