Is the Redfin pre built? 

We built a new house 3100sqft, 4 Bed, 2 ½ bath for $310,000.

Another example of this is Newark, extremely strict laws making land lording a second job.When finding the right area to invest, towns with more lenient land lording laws and proximity to public transportation tend to be a receipt for success.  

SIH has some marketing gimmick with the Real Estate Guys where they bus unsuspecting retail customers around to the sites to see home being built.

My worry is that since he has built a 16 year track record of always paying his pref and returning capital on time, that he is now overleveraging.Does anyone share this concern?

Towns in New Jersey can be wildly crooked and will try to assess you for things they missed on prior renovations before you even bought the property, which technically they can do.

Detroit is a great place for that, but as you probably already know, it takes work and strategy.For background, I moved from CA to Troy, MI, back in 2017, lived there for five years, and built my Detroit portfolio aggressively—12 doors in 2.5 years, generating $16,000/month in gross rents.

-contacting several LP's nationally that take on large investment opportunities-posting on loopnet-sending the link to the website we built-out to all the the top real estate agents in our local market.I did not think of the Facebook group channel, so thanks for that recommendation @Ryan Arth!

Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.

You will also want to find out if payments are interest only or if some principal is built in.