It is fairly cheap and you will get more interest if it is bit more modern. 

If you do it right, it can give the kitchen a modern, airy feel and is often less expensive to install.If it is a rental... 

In the realm of real estate investment, the story of WeWork serves as a modern parable — a tale of rapid expansion, valuation fantasies, and the sobering reality check that followed.

I’ve done a good amount of rehab myself and modernized the units.

I think I remember watching an actual Bigger Pockets Youtube video of a young lady who does this. 

The kicker is that the HOA put a charge of almost $5,000.00 onto my monthly statement .I called them on it, and the lady says that the board decided that they are splitting the bill between me and the neighbor with whom I share a wall on one side.

It has been recently upfitted & modernized to become a unique getaway (AirBnB) filled both with character & luxurious amenities for guests to stay both in style & comfort.

Very modern and super close to hiking trails.We actually just signed our offer so currently in Escrow on.

I talked with a lady who runs one there and she does OK.

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.