We are in 11 unique markets, and each has slightly different numbers. 

Other loans might be a little bit different.

Hey @Kyle Nikolich - You'll get many different answers for new construction costs. 

There is no one size fits all answer for this question, market to market, and property to property are all different. 

That's looking at it through a narrow lens though, when you zoom out to 5-10-15 years down the road and calculate the difference, in my experience the appreciation has been far more beneficial than the $200 difference per month in cash flow from a different market.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I currently operate in 10 different markets across the mid-south and mid-west. 

I started and did it differently.

But it really makes a difference.

I'm telling you this so you don't get confused when talking to different lawyers.