I think it's pretty clear it disincentivizes new construction or encourages landlords to find ways around it.However, I do believe we could do better in areas for encouraging new construction with zoning reform and other tax incentives.

If you are struggling to make the numbers work, then it is likely not a deal to pursue.Our biggest challenge in the New Orleans area is the cost of insurance.

Welcome to BiggerPockets Abu!

Some investors and agents talk about off-plan opportunities as if they’re an easy route to massive returns, but the reality is that it’s far more complex.Buying off-plan can be incredibly rewarding, but it requires doing your homework, understanding market trends, and knowing which developers are truly reputable.

.- Search Meet Up App to see what meetings/meet ups are nearby.- Post on craigslist asking about networking with other real estate investors. - I would search Bigger Pockets for members in VT and ask them their thoughts.Greg

I know there are some PMS lite solutions out there made for low unit count portfolios but honestly I used ical and excel until about 15 units. 

One metric they provide is new construction sales, which I can use to calculate % of total sales and see whether that value is trending up or down.My question is, in general is a market more or less desirable if there are a lot of new builds hitting the area? 

Any lender that does not know this does not work with enough investors and you should look for a broker that understands investors and can advise you property.

We offered 30K under asking and got it under contract, after the inspection we were able to renegotiate another 10K off of the property due to repairs needed.

Does anyone know of any hot markets in Macomb County, Michigan right now?