I think since it's 'new construction' I assume it's way more complicated, and I'm sure it comes with different challenges and factors to consider, but as long as you buy it right, have supporting new construction comps, and are confident with your cost per sf analysis, you can hit your target margin - or close to at least! 

It is unfortunately one of the biggest misconceptions amongst new investors and leads to unnecessary start up expenses.

I am of an age that I don’t want to fight those unnecessary battles when the problems arise.

Thank you and happy Friday.Best,Artiom So many think Sec 8 is some complicated way to invest, it's not, it's the exact same way as renting to a cash tenant, just more paperwork.

@Zeb WallaceSort of seems unnecessarily complicated, but I suppose, different strokes for different folks. 

When I decided to find a new real estate accounting software platform in the fall and finally untangle myself from the nightmare of Quickbooks, I had no idea it would take me this long or be this complicated.

It’s a simpler process and ensures that some basic maintenance is taken care of without the complications of refunding deposits.

Southern impression is primarily a single family home builder and their floorplans are all too large for profitability. they are overbuilding each unit and adding unnecessary things like garages that don't get you any income and only drive the construction values up. a garage on it's own isn't with much more than what it's built for and doesn't really add to the equity gain in new construction 

It's not that complicated or hard, but takes nights and weekends for sure.

Plus, forming and dissolving LLCs is pretty affordable right now, so why take the unnecessary risk, right?