You do need to be more cautious these days and get a bigger discount (because the market will likely decline in the near future) and cash flow is really tough.

I would just advise to proceed cautiously (extra cautiously). 

I agree that you need to be cautious when you buy pre-construction.

They don't want the liability of having one falling apart on the road when they're moving it so some are getting more cautious and will gladly tell you what's feasible or not.

A fair warning: If you hear "Fast, easy, and no money down" - be very cautious. 

And On finishing a basement be cautious of moving utilities and plumbing, having to move drain lines and such means cutting and removing lots of concrete and  it can get pretty expensive.

Do not be afraid of using your home's equity, but instead, be cautious and make sure you are buying good deals.

With an interest-only payment structure, tread cautiously; it depends on your end goal.

Once the building is stable and secured with a long-term loan that allowed you to get your equity out as cash, only then would you prepare to put the property in an LLC (of course, even then, the bank might not be happy about you doing this while you still owe them, so you’d need to be cautious about the bank demanding full payment.

Investors are adopting a more cautious and selective approach in response to the uncertainties surrounding interest rates.