I think the main drawback is being on a Prepayment Penalty in a rate decreasing environment.

This can be a huge time and cost saver, especially if you’re managing the property remotely or using property management.Energy Efficiency: New buildings are generally more energy-efficient, which can be a selling point for tenants and lower operating costs for you.Builder Warranties: Many new builds come with warranties, providing some peace of mind for unexpected issues within the first few years.3.

Sergy there is a good swath of born and raised Americans that have never been out of their state or really the city they live in.. so your right they only know what they know given their environment..  

This gives the owner client peace of mind as well as some protection.Non-humble self promotion: I own and operate Blue Door Residential Property Management (and am fully licensed) and would be happy to talk about your needs if you want to shoot me a PM.

The OG Podcast was the "one-stop shop" and focused on what folks were coming for - actionable and relatable real estate advice and stories.There is such a thing as too much of a good thing and the current BP environment is evidence of that.

My advise is to start with single family or a small multi-family ground up project first but this market environment is truthfully not the time to be completing any ground up projects unless you are self performing the construction which it doesn't appear you are in a position to do.There was a recent Philadelphia  forum chain started by someone else who was contemplating ground up in a similar fashion to what you are proposing and I cautioned they would be better off buying something that was newly built and believe after conducting their own diligence realized it was too cost prohibitive at this time to build with 3rd party GC's in Philadelphia when also accounting for the interest rate environment and cost to build.

It costs more, but the peace of mind might be worth it.

It’s about the peace of mind, the convenience, and the certainty that we can provide.

Environment issues, are there any Wetlands on my property, you can look up the national wetland interactive map https://www.fws.gov/program/national-wetlands-inventory/wetl...7.

It's well worth the peace of mind and saving your time to have Anderson take care of all legal aspects of a STR company!