County has assessed for 200k but would be worth more due to the area they are building homes left and right on that road and they are selling 300k+ and up.

The builders that were building rentals are most assuredly going to switch over to rebuilding the higher profit multi-million dollar homes.

We are looking to connect with others to build a solid foundation to our newly started company. 

Only with a definitive goal can you accurately assess your options.What I hear you saying is that you do want to build a rental portfolio. 

Either way, you’re in a great position to start building wealth through real estate.

Things just require more ongoing expenses percentage wise out of state because you have to pay people to do everything for you and you will have a longer time building relationships with vendors even when getting decent referrals. 

These markets feature turnkey properties, such as new builds or fully rehabbed homes that are tenant-ready, with systems that still have about 10 years of life remaining and property management teams already in place.

Additionally, the study must be completed by “qualified individuals” and “professional firms” that are competent in construction, design, auditing and estimation procedures for building construction.So while a specific methodology isn’t required by the IRS, taxpayers must ensure that their depreciation deductions and classifications of property are substantiated with supporting evidence.

You should have been the one who hired the building inspector.

Quote from @Sabian Ripplinger: i want to possibly use hard money this year to grow quicker   and can you use them for new builds  who should i use and  any tips?