But, in today's market, especially if you are not a builder already with your own teams, the cost to buy an existing property is often cheaper than constructing.But like Jaron noted, you have access to capital through some form of refi on inherited property, and that gives you options on how best to invest that money.

We will have tenants for 3-6 weeks following closing so theoretically we could insure on a traditional policy in the beginning, as it would be much cheaper.

if you can't do that, you won't be successful.there are challenges in supposedly 'cheaper' markets as well. 

Plus, equipment can be a hefty expense and may need repairs over time.Instead of a conventional treadmill, I would consider a walking pad paired with a height-adjustable desk-- its cheaper and can be hidden/discreetly tucked away.

In some states you can have cheaper LLCs.

It's generally cheaper to non-renew someone if they stop paying than to try and evict them. 

It is very common to see some seems open up (especially on cheaper made brands) over time.I've also noticed that if a floor has a low spot that is parallel with the planks it can keep the planks from locking fully.

We always use one in Florida, and taking the correct actions now is cheaper and faster than anything else. 

In a really tight market, you might have leeway of hundreds of dollars before a tenant will even think about moving; conversely, in a loose market, even $50-100 might have a tenant searching for other digs (cheaper or better).

Does not come easier and cheaper than that.