Together, we can help communities not just recover, but thrive. 💪 what's this have to do with new construction and development? 

Greetings BP community, I recently joined a national senior care living development team.

Didn't get into rentals on pupose but it's working out well and I want to continue to learn and develop my portfoilo.

Plus macroeconomics here in Columbus is booming right now because of developments from Intel, Meta, Amazon, Honda, and lots of major companies building out here.

Purchase price: $515,000 Cash invested: $960,000 Sale price: $1,850,000 New Construction development, What made you interested in investing in this type of deal?

The main reason is to incentivize affordable housing development.

Most properties I’m looking at are for infill development when working remote. 

If you don't have the funds yourself, you need to develop a solid relationship with those that do.

To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.

.- Current owners purchased many lots and they haven't developed them.