As Adam mentions, for my notes that don't perform I prefer either doing a lease option on it and technically renting it out, or if rental market doesn't justify the landlording headache, doing a light rehab and selling.

If you want a brand new HVAC and water heater, you generally buy a brand new house, or one that's been renovated.

However, since this will be my first investment property and I have no experience in either purchasing or rehabbing, I thought I'd avoid this for now and stick with light cosmetic repairs.

Trex is one major brand, but there are others.

That may be able to shed some light

I am brand new to the world of real estate investing and am excited to get started and connect with like-minded people!

@Greg Seivert you are not doing a brrrr you are doing a br and later maybe if the market goes up a rr.

I am brand new to real estate and have a goal to purchase at least one property in 2022 in the Syracuse, NY area. 

Very light work needed here What was the outcome?

For instance a Class A brand new construction Property in a primo location is going to have a very low cap rate to reflect the low risk of the asset.