There are some major developments continuing construction, however; the price points are upwards at $290,000 or higher and rent rates being advertised at $2,000 a month.

They will not finance new construction correct? 

The influx of tech jobs, manufacturing, mining, and Californians there is a strong population and combined with limited to no multifamily new construction we expect a severe housing shortage.

From my experience, when I dive into the costs associated with building an ADU—including construction expenses and financing options like hard money loans—it often doesn’t make financial sense.

These can sometimes have more flexible terms than standard construction loans, especially if you can demonstrate strong income through your bank statements.

Nobody likes living in a construction site.Keep on keeping on and find some hybrid strategy that ticks your boxes.

I want to learn more. 4.99% for buyers is a game changer selling 6 new construction houses  You just buy down the rate for the buyer.

For perspective, last April I closed on a new construction loan (build to rent) with a turnkey company there (Rent to Retirement).

Appreciation: Are you primarily looking for immediate cash flow (rental income exceeding expenses) or are you betting on long-term appreciation?

And Vystar wanting the land and the construction to perm makes a lot of sense given the terms they're offering.