Those are old enough to see some that need extreme updating and could potentially have value add component with a decent spread.

However, expect greater transparency and heightened consumer awareness that has come out of media attention and NAR settlement to impact the listing component of seller agency as well.

They do require these to be done on Primary Residence, and they probably do have a credit component, but may not have an income component to underwriting.

This includes structural components of the building.

Quote from @Devin James: Quote from @Dominic Mazzarella: Quote from @Devin James: Everything went wrong with this investment:   - Took 4 months longer than expected   - Cost $10K more to build than we anticipated   - Sold for $20K less than we anticipatedWe still profited with a 30% return on equityThis is why I love Real Estate InvestingWhen you do your diligence and stay conservative with your numbers, it takes something really bad to lose money.Here was the original post:My siblings and I are building a home in North Port, FL.Here are the numbers: - Finished Home Value: $412Kish - Land Cost: $19,750.39 - Construction & Permitting Costs: $304,897Additional costs: - Environmental Site Assessment - General Liability Insurance - Builders Risk Insurance - Construction FinancingWe will be listing the home this weekPhotos coming soon!! 

You should be able to find local builders that will finance the construction component of your new build, however! 

Its this sharp depreciating component which has always prevented such a purchase.  

Principal Paydown:  Cash Flow:  Tax Benefits: Savings from depreciation and interest deductions.For a deal to make sense, at least three of these components—home appreciation, cash flow, and principal paydown—need to be strong.

Not keen on seller financing component.  

- And more...Let's move past all of the above and focus on understanding and monitoring maintenance charges PMC's bill to their clients.There are two basic components of every maintenance bill, labor & materials.