Marketing is key and also leaving some meat on the bone for another investor helps sell it (unless it's fully turn key, which can be attractive for a 1031 exchange specifically). 

Likely will require permits and/or consultants $125-$150 per sq ftNew Construction/Development: This includes all hard and soft costs.

Hello, I am a new investor, however I owe a construction company and have an idea of what my project will entail. 

We have solid construction crews that he has used on numerous flips in the past so construction is no issue.

yep i have a potential lot in mind. i wanna use my va 1 time construction loan to house hack my first property

Sale price: $236,000 1215 sq ft SFR new construction.

I am either considering setting up other MHs or constructing a duplex on the other property.  

The construction cost is estimated to be around $180,000.Buying a Property in the Midwest: Alternatively, I could take the $180,000 and buy a property (or properties) in the Midwest, where the rental market is more affordable.

Two contributing factors are high construction costs and regulations that make obtaining a construction permit difficult.California already has a large housing shortage.

I hate to miss out on the accelerated depreciation with the CSA.Hey Patrick, To make things smoother, you may just want to make the newly constructed residence a rental for two years and then move in after.