But with all of the new construction in town and hundreds of apartments being built (no exaggeration), there is a lot of competition.

Hello Huntsville investors, do you think new construction homes in Harvest and Toney will meet the 1% rule?  

There's a strong demographic of folks who are into publications like Dwell, Archdaily, Treehugger, etc. that are very interested in modular/prefab construction and in some cases that fact alone can lead to quite a bit of buzz especially around new development. 

Here's the deal specifics in question:The Sponsor is the guarantor & deal maker and has no equity contribution in the deal, but is liable to the debtGeneral partner collaborates with the Sponsor in managing the rehab & construction but also makes no initial equity contribution but contributes towards monthly holding costs with the Sponsor during the renovation period.

I myself just build new construction in the metro area and buy deep distressed that I hold for maybe 3 new York seconds.. 

e.g. crime rates, rent trends, emerging areas, construction rates...Is there a newsletter you recommend I subscribe to?

I remember seeing a triplex where the rents were 2% but then looking at the property I found it was a single family that was split into three pieces, it wasn’t permitted multi-family, and none of the additions had been permitted when constructed, and the owner was paying over 800 a month for utilities.  

Many new constructions are going up over the city, but there are still many older homes and town homes to purchase. 

A lis pendens is constructive notice that a lawsuit has been filed concerning the title to the property or a claimed ownership interest in it. 

Yes, I know it's too big for one single guy and a dog, but it was the only layout (new construction* house) that had a downstairs bedroom (for when mom comes to visit from NY), a decent yard for my dog and a place to build my gym.