Your tenants are customers, properties are your product and reputation is your brand.

to me its market dependent and hind sight you know what they say.so for me it was selling the 2 homes I had in Palo Alto and one in MIlpitas.Milpitas I bought that brand new for 79k  Palo Alto one of them I paid 180k for and the other 350k.. if I held those until today..

Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.

The house needed a lot of work, and I was brand new to wholesaling.

If so, have them hold the builder to the fire, that is not acceptable for a brand new home and that should be on them to fix that and anything else.

The contact is usually brand new to ABB, have no reviews, and the message is likely translated.

The two big ones I would be asking:What is the actual market demand for a small, non-branded hotel in the area this building lies?

I can see VRBO trying to protect their brand and set a bar of excellence with this.However, it also makes you wonder if they are being rated accurately. 

Rows of debris and personal belongings line the streets, and upon closer inspection, some of it resembles a yard sale.It’s heartbreaking to see people throwing away brand-new TVs, washers, dryers, paintings, family photos, and boxes of clothes.

Brand new construction rents at a premium.