For this deal to work under those conditions, the purchase price would need to be closer to $179k.With your original assumptions 249k, the deal is marginally acceptable but not great, given the negative cash flow in the early years.

But you don’t know much about the original poster—just like everyone else here.

It is also likely that property insurance nation wide will increase substantially.Hopefully investors are performing conservative underwriting.  

Below are the Invelo plans and perks: Free Plan receives $50 wallet creditStarter Plan receives $50 wallet credit and 15% off original plan subscription costGrowth Plan receives $100 wallet credit and 15% off original plan subscription costProfessional Plan receives $100 wallet credit and 15% off original plan subscription costSkip tracing is available in the platform for all plans and the pricing can be found here (please scroll to bottom where it says In App Pricing. 

Quote from @Rong Tang Tan: still waiting for mine to start...we got the permit but our builder is requesting an escalation so ended up swapping builder now w similar original cost and hope to start in a month or two... 

Originally posted by @Arnie Abramson:@Daron Williams before you try and sell your lot you need to know that you may have to wait 2 years before getting a title policy. 

Past performance is no indication of future results.

All 3 are low due to the low vacancy, but evictions are also low due to the difficulty in performing evictions

(5 tenants are original tenants, having been in the homes since I purchased them 9-12 years ago when I was doing more buying.)My last purchase was a 1031 exchange in September of 23 for a new build. 

@Leon G. whether or not you decide to go fsbo or use a realtor you'll need to use a QI to perform the 1031 exchange for you if you want to tax on the gain from your sale (and depreciation recapture).