And when Google seeks to monetize it, I would bet we see similar fees.

When you consider the cost of construction, permits, interest on private loan and etc, it just doesn't justify the ROI.

In that price point, you'll do well to look in Seminole Heights.Value add will always be your best bet for better ROI, but out of town buyers usually will want as close to turnkey as possible.A pool will add 30%+ to your ADR. 

It is a new construction home built a couple years back. 

I've been involved in the construction field for over 30 years and started my own construction company in 2008 when I also started flipping houses. 8 years ago I sold the construction company and began buying and holding long term rentals.

Hello, I recently located a new construction property that was built using helical piers from the start.

I put some numbers below into this Rent or Sell calculator.https://www.narpm.org/members/resources/rent-vs-sell-calculator/ESTIMATES ON ROI (15 year time frame)at 5% Appreciation would profit $100K if SELL nowat 6% Appreciation would have $3,500K more if KEEP and sell after 15 yearsat 7% Appreciation would profit 122K if KEEP and sell after 15 years(Assuming a conservative 6% ROI on money invested from sale.)NOTE: The property appreciated 10% in the last year so I’m thinking 7% over the next 10-15 is reasonable.DETAILSSale Value: $520,000 (Best guess)Paid: $437,000Original Mortgage: $415,000Mortgage Balance: $380,000Interest: 3.375%Monthly mortgage: $2,899Mortgage Difference: $1064Annual Taxes, Insurance, HOA etc**: $20,345**$13,865 (Non Homestead tax) $4,680 (HOA) $1,800 (Landlord Insurance)Monthly Rental Charge $3,500*Appreciation 7%Years to Hold: 15More assumptions used in ROI Estimates Above90% occupancy,15% capital gains charge6% selling feeRate of return on gains if selling now instead 6%Annual maintenance 1%Annual rent increase 4%$3,500 is slightly aggressive. unlikely I could get more.Thanks in advance for any constructive thoughts and comments!!!!

We are seeing great rates, Low 4% on the New Construction Quads that some of our builders are completing.  

Purchase price: $735,000 Cash invested: $1,060,000 Sale price: $2,825,000 New Construction project in Sherman Oaks.

I haven't seen any online forums but if there is one, I bet it's a Facebook group.