Quote from @John Clark: When I read successive “rah rah” posts, I smell skunk cabbage, but that’s just me.Perhaps, but also maybe folks are looking to spread positivity as a networking strategy, which resonates with how I aspire to be: Giving value in as many interactions as I can, because that truly is abundance.

If you buy multiple properties, you can spread out your risk and avoid putting too much pressure on a single investment.

Although for me being one a premier client of our title company they would do date downs for me for free and also keep a running spread sheet for me.

It was built in 2021. 3/2 on a narrow canal with 10k sf lot.

Quote from @Tannia Castro: I would say the key would be to narrow in on an area (this could be a city if you are not from that area and investing remotely), or this could be a part of the city (some local streets) if it is in your backyard.

But they will buy the big spread in the lux home magazines etc etc..

Let's now discuss taking on new construction for your first time around.The spread between value and cost is quite healthy, but are there transactions recently supporting this price?

I tried to stay out of the way, but I had to stop several things from being done wrong—spaces between kitchen cabinets that were too small by at least an inch for the appliances to fit, a walk-in pantry being built that was too narrow for anyone but a child to get into.

Obviously if a renter were to stay there for years, that renter placement cost would be spread out and could again get back into break even territory (with some variance due to anticipated rental rates in years to come or the rate of new property tax hikes)

Then I'd probably spread that $750k out amongst numerous operators and diversify across asset classes that I like (for me it would be industrial, multifamily, storage, and mobile home parks).