I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.

You might also explore BRRRR to build long-term wealth while recycling capital.

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Are you planning to build, hold, or flip the land?

You should have had a conversation with an accountant prior to going ahead with the cost segregation study.A cost segregation study breaks down a building to more components than just building and land.

Over the years, with personal investment alongside investments from family and friends, I’ve been able to build a small portfolio of apartment buildings with a focus on cash flow through strong operations.

Focus on understanding financing options like FHA, conventional, or creative strategies, and practice analyzing deals to build confidence.

I purchased my first rental property a month ago and I’ve learned more about real estate and home building in that one month than the rest of my life combined.

My husband and I own a rental unit in a condo building in Jacksonville, FL.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.