When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.

@Monty Alston It has some impact but no lenders will give you credit for having experience building a home unless you have built or renovated a home in the last 3-5 years.

I doubt that any serious lender is going to lend you construction funds in second position behind your mom's purchase-money lien on a distressed property.

@Martti Eckert in our opinion, you'll need to be really familiar with construction, including costs, or be able to find somoen on the ground you can REALLY trust (but still verify).

The vast majority of new construction, especially in Denver metro and the surrounding communities, has been multifamily and townhomes.

Housing has always been super affordable there, and new construction has increased in recent years.

I have purchased a few different land ed courses out there.   There seems to be a new one coming out every day & I am skeptical of a lot of the creators.  They seem to lack substance listening to their initial inf...

There has been a ton of new construction for housing the past 4 years and that’s why vacancy rates are 10-12% and rental rates have dropped the past couple of years. 

the way to go about it is turn it over to your insurance and get the police report.. sometimes insurance will then subjugate the claim and go after the tenant criminally I had that happen on one of my rentals where the tenant did 40k in malicious damage on a new construction home I purchased in MS. 

Purchase price: $545,000 Cash invested: $545,000 New Construction Duplex - Beautiful Design and very nice curb appeal. 3 bedrooms 4 bathroom - All bedrooms have private bathrooms.