@Rene Hosman The only time I've seen them is larger buildings that have financing and the success of the project is contingent on a certain occupancy number, but then again what project isn't :) That being said, I'd always write concessions to start on the second month of full rent.

We both work in finance, so we’re pretty comfortable running the numbers.Our combined W2 income is ~$350K, and I work remotely with a very flexible schedule.We’ve saved over $200K across various assets (stocks, crypto, cash), and we live frugally, saving around $100K a year after taxes.

We've closed had a few luxury/jumbo STR's that way, where the revenue is surpassing projections. 

Was about to embark on a new construction project in Gainesville.  

An easy flip at 7-10% return might be more lucrative than a larger project that takes longer and more chances for cost over runs. 

What’s your vision for your next property - do you see yourself leaning towards value-add projects, or are you focusing more on turnkey options?

And I was constantly more worried about my own project.

.- Large remodels or construction projects (Live in Flip) can be self-managed, worked on directly, and the value add, after 2 years, is largely tax free up to certain limits. - Many areas around the country allow for ADU Construction - house-hackers enjoy similar benefits to remodeling projects by being naturally on-site for ADU construction. 

Small demolition projects make massive impacts.

Projected rent $7000/ mo.