My buy box is 3 bed 2 bath in the Midwest at around $200k.

Once again, that is the myth that started from Wall street trying to sell their portfolio.

Quote from @Jay Hinrichs: Bruce there is also that famous case in San Fran  in the Seacliff area of 5 to 30 mil homes and someone bought their right of way on a small private street and were trying to block them off and then of course sell it back to these folks.

Purchase price: $340,000 Cash invested: $20,000 I bought a 5-bedroom, 2.5-bath home in a great neighborhood where my wife and I wanted to live and start a family.

If you want to drive streets and try to find it, that could work if you have the time. 

Its 2700 sq ft, 5 bed 2 bath (basement is unfinished and you can finish the 3rd bath).

A real builder is supposed to do their own diligence and be savvy enough to know that access (legal access, not just does it abut a street) should be the number one thing they check first.

There were streets but no foundation yet.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $120,000

Cash invested: $370,000

Hi BP,

Just wanna share my recent co-living new construction project in St. Augu...

Purchase price: $975,000 Cash invested: $195,000 3 bed 2 bath with 1 bed 1 bath adu on 1.5 acres