They require lien waivers from all contractors and I have heard of them requesting receipts and invoices before releasing funds.

This area is ripe with wholesalers trying to pass off junk property that will soon be undevelopable once the updated interim flood maps get released.

Release the cash to buy another property when the opportunity arises.

Like Kitchener, Burlington, Hamilton, etc.Michelle Carty, Realtor in Burlington has set up a list of new builds and when they are releasing. 

I too am househacking.I know BP released a new book on this that would probably be very helpful to read.

Use hard money, try to renovate as leases expire, re-lease or shuffle the tenants, and refinance to get your money back.

@Leo McDonald Lots of sellers do not want to release finacials.

The last one we replaced made quite the noise as it was releasing into the drains. 

New construction for-sale prices in the Triangle are such that I'm not sure how many properties would meet that criteria.It used to be that builders would discount the first tranches of units to get some sales momentum, and then steadily raise prices on later releases.

We are celebrating our 41st anniversary.