And this has worked and I gave the credit.Kind of "have your cake and eat it too".....

After all, we all gotta eat.

The transaction costs of buying and selling a home (particularly the sell side) really eats into the margins.

It's 2024, Rates have been eating at investors. 99% of listings have tenants underpaying rent by 50%.

Just make sure the cost of building and selling won't eat up too much of your potential profit.

So eat life may vary. 

It is generally best to hold onto any real estate, but a condo will appreciate at a slower rate and your HOA is eating into your cash-flow, and that is not something you can control.

Dont go out to eat so much, spend less on whatever else you have to.

Building a house to sell for $400k could be a smart move if it doesn't eat up all your profit. 

You can also explore Salem or bordering areas such as Derry or hereabout but they tend to be very high tax areas so that eats away quite a bit of returns and would not appreciate as well as more Boston central locations.