It really depends on what your risk tolerance and time horizon is. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

For me, investor profil has to fit the risk/reward ratios of the deal (Be clear with him, if this is a value add deal, stabilized asset etc...

I understand Alamo Heights is a desirable part of SA, but it presents a substantially higher risk when investing due to price point.

Some of us though, are a little more comfortable with risk and will tell you to jump right in.

But I'm risk averse. 

I've tried looking for those myself, and the "safe" margin is 33% of ARV (in this case, acquire for roughly $500k)If the builder is aggressive, they could go for perhaps 40% but any higher and they risk losing money.If you have addresses, enter them into the County Map here and you can find the Last Sold price.https://gis.hennepin.us/Property/map/

Many will suggest that it's unlikely to happen, but it is a risk you'll take.

It will all depend on the type of investors you bring in, their investment goals, your group's investment goals, risk tolerance, and many other factors.