Underestimate the costs and come up short needing the funds?

I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

, and cap ex reserve fund.

Call it the organization's personality.

Even if the owner seems like a really nice person, they will micromanage the builder and not like the specs of the house the builder needs to do, and/or the timing in which the builder gets it done, etc. 

Even the funding alone is easier since you now have a cash flowing property that can help you fund your seed money faster. 

Many Gen Z buyers, however, are still in the process of securing their down payment funds or comparing loan options when they start making offers, putting them at a significant disadvantage.Looking AheadDespite these challenges, Gen Z homeownership demand remains strong.

I agree that the upside here is knowing most of the mechanicals need to be redone upfront, so there should be fewer ‘surprises’ along the way.Setting aside a solid contingency fund is a must—do you have a rule of thumb for that?

There are multiple potential strategies it's just really going to depend on your personal situation. 

As an avid public and private markets investor, I solely believe a person's network is their net worth.