Typically, higher income areas have lower crime, more amenities, better schools.  

Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

So here’s my situation. Currently Renting (Sold a fix n flip a few years ago) looking to buy land with cash (30k or so) and put a new modular home. A couple issues with Credit/income on paper. Without too much detail ...

Does Hard Money typically cost 30-40% of the purchase price?? 

The typical fee they charge up-front is $4,000, but they were able to get $5,000 out of me because I was new and nieve to the commercial lending agency. 

When you said  "New Construction" I was assuming, wrongly" that you meant buying a newly constructed home and perhaps thinking you were getting some kind of bargain that created equity. 

all are new constructions and I don't know how she is gonna be able to find 750h of work to do in these new construction houses.We're talking about 15 hours of hands-on work every single week of the year.

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

Just saying there are people on BP who can vouge for you as Melanie is typically very negative towards anyone in the syndication / raising money space. 

. 💪 what's this have to do with new construction and development?