Once the land is entitled to build you can secure financing to purchase the land & start construction at the same time.

Fundrise was created in 2012 and is better but still ultimately in the same boat.

I did the same thing as you with my VA loan on a new townhome back in 2020; you won't regret it!

Sometimes these Prime Day deals go away fast.

DM the complex.You need:Condo certificate filled out, master insurance policy declarations page, budget, by laws, contact email for HOA manager who answers, borrower with 43% back end ratio, borrower middle FICO 670+, borrower with 2 years same income stream, the money in the bank past 60 daysthen it's easy to choose the best lender.

On the other hand, you probably can't buy something else and get the same return.

I guess that came from the same crystal ball.Best of luck.

The local contact may be an individual or an entity with a principal place of business on the same island as the property.

Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.