@Mohamad Guene  Simple answer - you will be cash flow negative, and your appreciation will be limited.We did a new build once for a rental - it performed miserably cash flow wise despite a great location and property - we ended up selling it 3 years later.There are very few new builds in Huntsville proper - are you referring to an outlying area like New Market or Meridianville?

I have other priorities that require me to put this rehabbing on the back burner, I am also at a good milestone in the process.  

At the end of the day, it's a better use of your time to move your focus and energy elsewhere.

Getting an investor to see value in paying a premium is very difficult, even if you show them the numbers to back it up. 

It sounds like the tenant retains the right to leave at the end of a lease, but the landlord doesn't have the right to end the lease.

Less than 50% residential will usually fault you back to someone who is local and knows the area.

It will take time to see what the end results are.

County Clerk suggested that once I retake possession of the property, that it is could be difficult to get a settlement for any future unpaid rents through the end of the lease term, which is through July 2024.

At the end of the day if someone passes background check and has proof of income it doesn't really matter, but just curious thoughts here. 

Mar of next year. ) i am looking at starter homes that range between $90k and $120k i will have about $35k-$40k of my own money for a down payment and could possibly need as much as $20k  i could save up the $20k in about 8 months. that would move my purchase back to December ishwhat are everyone's thoughts?