Any resources who can help us structure this (other than https://www.nationalfamilymortgage.com/ who does not offer support in our state)?

**Conclusion:**Pre-construction condos offer exciting opportunities but come with inherent risks.

We do have an annual cap in place to protect homeowners in cases of extreme appreciation.

Thanks @Jay Hurst I looked into them and they appear to not offer services in Kansas, which is where we are needing support.

If you are offering some on site services you will need to be located physically where you are managing, as we are. 

I actually offered $174k and rolled my closing cost into the loan.

Meanwhile, anything the resembles a good starter home in Milwaukee between 200k and 450k will sell in 2 days with 5 to 15 offers (most of them over list price).

Offer them 24 hours notice for all showings, shorter if they are OK with it.

Inventory is now very substantially above the extreme lows seen in recent years, when inventory fell below 1 month for a sustained period.Here are the full stats for Austin and the greater metro:A 30-year fixed rate mortgage is sitting around 7.1% interest, which is down a bit from last month, but still well above where we began 2024.

My wife and I were thinking of getting our next STR in the same area, but after seeing so many properties for rent and what some of them were charging it would be extremely challenging for us to find one that cash flows positive, or even break even, with today's interest rate and 25% down.When we got our first STR verifying the income projections was the hardest thing.