Additionally, Parma's proximity to Cleveland enhances its appeal, offering easy access to urban amenities and employment opportunities without the higher living costs associated with larger cities.

I can understand the desire for new but isn't there a large land cost relative to the value of the overall home?

@Daniel BryanI agree with JacobBetter returns elsewhere and downside is if your borrower defaults depending on the state it could take years to foreclose and run all that legal and holding costs which wipe out any gains.

The juice may not be worth the squeeze to save money.A good agent will be worth the cost you might spend, but you can also work with a good wholesaler as well.I would recommend that if you work with a real estate agent, treat him/her as a teammate and not a tool in a toolbox or someone disposable.

Significant AUM - like 1B+ (further cuts that list down)... but watch you don't get into something that's "too large".

ZimpleMoney may not cut it from a compliance standpoint if the loan goes to foreclosure.

Also, any idea on what the monthly cost for renters insurance? 

California offers equity building, potential appreciation, and stability, but high entry costs and market volatility are downsides.

If they want to put money towards the purchase, they can set it aside and save it as they will need money for a down payment and closing costs when the time comes.

It depends on what your costs are.