-Rob,Greg, and Al I'd start with a real estate agent sending you all the new construction 2-4 family styles that have sold and pick one that is small and compact and sells for a premium.

Old MFHs in this area are few and far between, and still asking premium pricing in most instances.  

Why would a borrower go to a retail bank and pay a premium rate when they can go to a mortgage broker that’s tied to wholesale lenders exclusively and save money on closing costs and interest rates? 

I have long wanted to purchase new construction but I'm well aware of the premium that's built into the price.

For one, my loan terms aren't as great because I need a commercial mortgage, my insurance premiums are higher each year, I need a lawyer for everything since I'm considered a business.

And a price that’s a 10-20% premium over what I could sell for cash.  

He bought a property with HIS cash then sold it for a $25M premium to his investors.

Well I’m one year once it’s paid off, beteeen the added cash flow and reduced insurance premiums I’ll make around 25 percent on that money.  

Finding a really nice house to rent is hard at any price and what you have will command a premium price.

@Casey Caton That's a shame that insurance premiums hiked so much.