Certainly more options because you are no longer limited by imaginary boundaries of traffic and time.

We're open to various options, like house hack, multi-fam, BRRRR, etc. 

He is securing expensive debt, not debt through a bank, isn't putting any capital into the deal and structuring the equity investment in a highly risky manner without any upside offered to the investor.

Hi Daniel, condos can be a great low-maintenance option for LTRs, especially for absentee landlords since the HOA handles exterior upkeep.

Is it related to prices or having more options?

Hi Chris, there are several options you could consider, but it would all be based on your risk tolerance. 

They seem to have a turn-key service option so you should be able to get a lot of information from them.

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

This is exactly why you take a security deposit.

One thing to consider on the credit card option is that a lot of contractors don’t accept them so that could be an issue.