So brainstorm the different options then pull the trigger!

Just a friendly fellow newbie investor looking to network!

Anyways- the good: For an entry-level investor, you will not have many other options.

A partner and I began searching, and after coming up empty for 6 months, we were sent this deal by a close friend and ended up closing a month later.

Your best/safest bet would be a regular lease combined with an option to purchase.

If you are a spouse, minor child, etc the rules are different than if you are an adult friend. 

But, there are still deals that can make sense depending on your budget. 

Rental property taxes can be tricky, but you have a few solid options:1.

If anything, have a small sign in front of the house that says who the builder is and phone number (that's common for contractors to do, and also so that neighbors feel they have some to call if there is dust blowing from the site or whatever), and then you may have people calling you asking about availability (people always want something more that they had to chase and can tell their friends the story of how they got the house). 

Whether you want an Airbnb in a vacation spot you can use or a standard single-family home in an appreciating area, there are many options.