Look for a wet or low spot or look for a high spot.  

It almost seems to good to be true to be able to get the same returns as a Certificate of Deposit.https://finance.yahoo.com/personal-finance/best-high-yield-s...

If you decide to move forward with them I highly suggest you alert them to the fact that you will be recording all phone conversations, and do just that.

A high-quality company will be on top of their KPI's and their numbers will match.

price $124k it’s in a resort, highly sought after especially in summer season.

Would highly appreciate it!

Quote from @Chris Seveney: @JP LeonardRecognize also whether a bank would also lend against this type of deal.Basically we didn't want to sell our home now and above all not get it foreclosed on if the contractor fails to perform.

(FYI, We are trying to build a small (5 to 6 properties), high quality portfolio in the next 5 years, planning on putting 25-30% down)The investment opportunity in question is a new build, single-family home with a 3-bedroom, 2-bathroom layout, accompanied by a 2-car garage, located in the neighborhood of Wesley Chapel, FL.

I highly recommend starting by tuning in to the BiggerPockets podcast.

Focus on the numbers and how the rental is performing today!