Especially me as I do construction for a living. 

No state income tax.3. property tax's some of the lowest in the country.4. quality of construction most homes are built with stucco and tile roofs and desert landscape compared to much of the mid west rust belt were its very common to be looking at houses that are 50 to 100 plus years old. and yards grow fast  snow sleet ice all take more wear and tear on your units.we do a lot in most of the mid west rust belt states. the prime motivation is price point and rent to price ratio for those aspects they are the best.

@Brady Bitter since  you are buying new construction what makes you think you are getting 25% equity.

mid construction on a condo conversion in DC, it's a heavy lift 

So, they can markup what they paid out and keep the difference.Most PMC industry software has these two options built in.So, it's just a matter of understanding how your PMC is marking up maintenance and not expecting it to be for free.Regarding the specific charges you mentioned - there has to be some level of trust with your PMC. 

(I answered for you.)Construction Loans: Will you make these?

The benefit is significantly less red tape compared to working with your traditional local banks who also do new construction financing.

My goal is to build a business that serves corporate clients; construction and infrastructure development teams, medical/education faculty, corporate relocation, family emergency relocation services, sports travel/events,corporate and industryand I want to learn from those of you who are doing this successfully and are willing to share actionable ideas for how I can be successful in offering value to these groups.Thank you!!

As inflation drives rent growth, properties in stable markets like the Midwest can continue to deliver returns even in higher-rate environments.Market Conditions Favor Real Estate RecoveryThe commercial real estate (CRE) market has faced significant challenges in recent years, but signs point to a recovery:Bottom of the Market Cycle: CRE appears to have reached its low point in late 2024, with 2025 marking the start of a slow recovery phase.Limited New Supply: High interest rates have curtailed new construction, which should drive rent growth in the coming years.Policy Changes on the Horizon: There is growing discussion about potential policy shifts under the new administration, including a return of 100% bonus depreciation and lower interest rates.

We use private lending to finance the purchase and construction of this home.