It can be in the real estate industry, property management, construction, lending etc.

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

Since this is a new construction, I projected a low capex.

Of course some new construction in Strongsville is also A class, but so is a 40 year old home in Concord, Solon, Highland Heights.Whereas we also have new construction in the gentrifying parts of the city, like Tremont, that are directly across the street from boarded up homes.

For active investing it is also helpful to have some type of advantage that sets you apart from other investors - that could be construction or rehab skills, market knowledge or anything else that gives you an edge.I was an active investor and didn't really have any of those skills.  

One workaround could be keeping a separate spreadsheet to track your adjusted tax basis accurately and only using Stessa for operational insights.You could also reach out to a cpa and see if they have a specific recommendation for software to use.  

My cash to close was 62k because of construction holdback from lender.

New construction. 

Determine if the area can support new construction.

Major employers like JP Morgan and AT&T are pushing for these policies as well, and specifically in the D.C. region, Amazon HQ2, the Washington Metro Area Transit Authority, and the Executive Branch of the government have required all employees to return to work 5 days a week at those locations.Fundamental Lack of Residential SupplyAnother interesting driver of demand is the fundamental lack of supply of housing stock due to the fallout effects of the 2008 housing crisis, slowdowns in housing construction during Covid-19 primarily in 2020, and a good amount of 2021 from supply chain issues, labor shortages, and rising construction costs.