Hey @Robert Ellis, so I have no performance data for you on this topic, but you can try and scour AirBNB and VRBO in the areas you are building and see what other homes are bringing in.

Licensed and Insured, of course.

Many are leveraging DSCR loans to acquire or refinance rental properties without needing to verify personal income—especially useful with rising rates and stricter bank requirements.

It's a great place to ask questions and get different perspectives. 

And what state and town is it located in?

However, steady markets like Bryan and College Station, Texas, have experienced appreciation of 15% to nearly 16% over the same period. 

About 90% of our tenants pay online through our portal and the other 10% pay cash, check, or money order.

@John Anderson definitelyjust make sure the HOA allows investors purchase and rent from day 1.based on your budget, I know of another HOA in DFW that is allowing new builds for investors.

Welcome to BiggerPockets Melanie and best of luck investing!

And in Peter Harris case it looks like a scam and sounds like a scam.