There is an abnormally low amount of new construction occurring on the coast in comparison to the demand and the existing inventory can be quite dated, especially for those coming from areas like California.

New construction, fully decked out on the design and amenities. purchase price 785K, 40K in seller credits, 120-140k gross rental projections What made you interested in investing in this type of deal?

My buddy is a construction worker, and his wife is a nurse. 

Thank you in advance for any constructive feedback. 

But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

I began shopping for a large construction loan to build a new car wash on the land. 

They currently have over 10 under construction in the Los Angeles area.   

Or the house construction industry in general where they build for $X and sell for $X+margin?

You can buy a set of five for under $300, subscription for the recording software is $10 a month, then the cost of WiFi or hotspot.If you've already had a couple break-ins, you are obviously in a high-crime area.

We STILL have not received our construction loan from our bank because of this DELAY in tax filings!