This strategic foresight in acquiring and controlling prime locations demonstrates the power of real estate as a fundamental asset class, offering lessons on location selection, long-term value creation, and the integration of real estate into broader business models.

Direct lenders also have full control over their guidelines, meaning if something does not check all their boxes, they can make exceptions to close your deal.

If you are looking in Los Angeles, most complexes built prior to 1978 will be subject to Los Angeles Rent Control.

High interest for a short duration that you control seems like the way to go to me. 

I think our area offers the appreciation California does without the rent control and high rentals.

Very expensive for what it is and you have hardly any control.

@Tom Pubins you can use other systems to control the chaos on the MLS.

If he controls access to all that, then this is a different story.

That puts them to some extent in control of their rent increase and puts extra money in your pocket.

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.