Communities like Stanton, Brownsville, and even parts of Memphis will experience an uptick in property values and new construction.

When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.

This lead to piecing together payments here and there and drastically slowed the construction process and major cost overruns.

Purchase price: $545,000 Cash invested: $545,000 New Construction Duplex - Beautiful Design and very nice curb appeal. 3 bedrooms 4 bathroom - All bedrooms have private bathrooms.

I run a turnkey provider and built new construction single-family homes in the area.

And then reality kicks in - the construction was painful - finding decent contractors, inflation, scope creep - all the usual **** made worse by the fact that nothing is particularly easy in costa rica besides ordering cocktails.

This has pluses and minuses.If your property is bulletproof such as no framing - cinder block construction, cement floors, gloss white paint slapped on the walls and a cheap window mount AC, then you are in a prime position to make money with S8. 

If it’s a tax office, they could be swamped or uncertain about their future.What’s your gut telling you.. are you leaning more toward a full rent adjustment, or focusing on retension for the long haul?

This may be to deliberately prevent discovery of other electrical issues or prevent fire/injury.You will need some form of hard money or construction financing to purchase the property as is, and you will need to get the property occupant-ready to pass an appraisal before permanent financing is on the table.

In my experience it cannot be used as construction funding.