. - Mobile homes are permitted I've verified with the recorded restrictions and by calling the Property Owners Association. - Current owners have surveys, this is a new subdivision.- Public sewer available.- Current owners purchased many lots and they haven't developed them.

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year.

Property has been owned for about 3 years now.  

Subchapter D of Chapter 5 of the Texas Property Code@Ryan Mcpherson  Stay away from Sub2 Sharks. 

Have your agent start to look for properties that will do the 1031 now.

Conversely, a new built A class SFR, in A class market of significant growth via a well laid out planned city development, great schools, area people are glamouring to move to, a-class tenants, very very low risk.

To whom this may concern, I am an investor looking to buy my second property.

All these properties were bought sight unseen on their recommendations. 

Does anyone know how insurance companies evaluate these properties and whether or not real value can be realized for insurance for renovation?