Closing costs are much lower, you'll likely get a much lower interest rate, you can drop PMI once you hit 20% equity and last, but not least, you are much more likely to have a conventional offer accepted than you are an FHA offer- at least in our current climate. 

For that matter check windows and provide storms if you are in a winter climate.  

He's gotta start late, stop early, plastic sheet everything every day, worry about his crew (or subs) taking something of the tenants...Etc...you get it I'm sure....You may not even find a Contractor in todays climate.

Hey fellow BPers,I have 2 properties inside an LLC and have found the refinance part of the BRRR strategy to be the toughest yet. I've taken every precaution to setup my business right and limit my personal liability,...

Climate risk scores could reshape Canadian real estate markets, some experts sayChris Chopik says "yes."

@Louis Jeffries  I recently connected with an Indy broker/investor who indicated 15-20% in the current climate because of high demand. 

On-site properties can’t control natural elements and wood can be damaged compared to a climate controlled warehouse.Modular Construction is cheaper and more efficientManufacturers have an unfair advantage when it comes to the cost because an on-site facility requires various things that add to the total cost.

@Cory Benhardt Wait, you'd rather have your kids live in a desert than experience a climate that has 4 seasons?

I didn't mention Appreciation because in this climate that is the thing that is the most unpredictable and cannot be guaranteed (nothing is guaranteed by the way) but appreciation has some skill involved but there are a lot of factors that a person can't control that affects appreciation greatly so I wouldn't count on it, if it happens then it's the icing on the cake. 

Population is rapidly increasing, job growth is rapidly increasing, relative to other major population centers property values in Texas are competitive and lastly as the Baby Boom Generation is on the door step of retirement many northern Boomers are flocking to warmer weather climates and to states that have relatively low taxation.