Location: Tampa, FLZoned: RS-50Lot size: 6,969 sq ftNew construction homes in the area are selling for at least 350k.*** Also, this deal has lots of red flags including the immediate 30k price drop, the 10-day fast close & the non-refundable 10k EMD.

They're shady builders with poor quality construction.

Work Quality:I hired professionals to inspect the work, and they found multiple issues and evidence of negligence in the construction.

There is A LOT of new construction multis in Jersey City, but they are expensive for investors who don't know.

There’s a real opportunity to hit those $1,500 to $2,000 rent ranges, particularly for updated homes or new construction (built to rent homes) in the right neighborhoods.

But those same banks stuck with me and allowed me to pivot and build up my new construction side using bank debt intead of HML.. etc etc.

.$75-84k for construction$15k electrical$27k electrical$12.5k plumbing$33k plumbing$19k mini splits What am I doing wrong? 

@Tj Collins You can 1031 exchange in and out of any state, you can 1031 exchange in and out of any investment real estate - farm land, apartments, commercial, single family investments, new construction etc...The big things are timing on the 45 day window, 3 property rule and closing in a certain amount of time.

I have a new-construction SFR property under contract, and the seller disclosed that there had been heavy metal contamination in the soil due to mining activity many years ago.

Quote from @Jorge Magana: Nathan good afternoon; I'm about to do my first cost seg study for a new construction project we recently finished; would you recommend REcostseg?