Bryce, the cost savings from managing your property yourself will never compare to the potential discounts and opportunities you can unlock with the right connections and focus through a good property manager.

How they've been in the property for 2 months storing their dogs there with no rehab movement, while putting sweat equity into it, but haven't addressed the foundation or any rehab issues yet.

However, when you weigh that against the reduced maintenance and energy savings, it can balance out.Longer Lease-Up Time: New construction properties might take a bit longer to lease up compared to established neighborhoods, especially if the area is still developing.5.

The 2 elements of why this strategy is better is that if we compare both loans at a 75% LTV the rate on this method would be lower. 

What should I be careful about compared to buying an existing property, and are there any key differences? 

The metrics for occupancy / income from 2020-21 are not going to be comparable to what's going on now in the area in my opinion.

Here are our pt Loma unit about 1 mile from the beach for a comparison to see how it compares to your potential purchase.   

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I would watch out for caveats with the strategy, and double check it of course, but I think this is just a "pull out excel" type of solution and compare the ways to go about it. 

Would love to give you some insights on what to look for in a rental property for best ROI and expected rental rate comparable.