Myself being a GC, developer and construction consultant as my main business... the question of GC licensing has never been a factor in lending or in selling for me. 

Many investors are attracted to lower price points but end up losing money because cheaper properties are higher risk (not good locations, rough tenants, lower quality construction, etc.). 

constructive feedback so take no offense.. 

I bring 10 years of experience in construction (flooring, bathroom and kitchen renovation).

Would you recommend to new investors to not do a BRRRR unless they've done a local renovation or know a lot about construction?

Even if every Concrete crew was "legal", wages would pull them to other low paid laborer jobs such as landscaping, house framing, meat packing, etc, causing wages and cost to go up for new Self Storage Construction, let alone availability.Security Systems- yep sourced overseas, China.Interest rates going lower, but I expect Inflation to go higher.

Also with my new construction 100% COC is very common for us in one year or less but again who is going to beleive that is safe and real ??

Construction Costs and Building Phases - How do you calculate per-home construction costs for tract developments?

But, you can't have constructive receipt.

Started with a condo in construction, sold it when done and bought a beach land, sold the beach lend and bought 2 rental townhouses for rental in Greenville.