So we're looking at building to rent as a long term investment.We've already done all of the financial side, so that's all set and happy and ready to go when we are.However, all we're hearing right now is that all builders are super-busy and taking jobs 1-2 YEARS in advance.

I have a good bit of equity within my home (~450k).   

@Tomer Ben-ShohamWelcome to Bigger Pockets and good luck. 

Single-family homes and small multifamily properties are popular choices here.It's also a good idea to connect with local real estate groups or online communities for advice and to find good property managers.

They are in good condition but will need work as time goes on. 

The warranties always take a lot of time, and you will either end up filing a warranty to find that it is going to take too long and then purchasing something else the same day, or you will end up giving refunds back to guests while you wait on the warranty to be handled.I learned this the hard way when I first got in to rentals.

Michael,All good questions and good to ask up front to avoid issues down the road.

Feel free to stop by whether you are looking to learn, network, talk about your experience in real estate, ask questions, or just hang out and enjoy good company.

The market seems affordable and AirDNA number look good on for short-term rental.

Good to say hello.