My guess would be that the Mortgagee would be first Leinholder and you would be second.

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.

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.

With more than $2 billion in transaction experience, my passion lies in partnering with investors to discover and maximize value in high-quality real estate assets.I'm eager to exchange ideas, discuss market trends, and explore collaboration opportunities.

Welcome to BiggerPockets Melanie and best of luck investing!