We were able to do a low down payment loan with closing cost assistance.

It might sound like it will cashflow but in reality it might nothaving a PM will be about 8-10% of the rent + landlord insurance + $60K down + 2-4% for closing costsI am on board with appreciation and buying now and waiting instead of waiting to buy but I would just be extra conservative when number crunching

"Every night when I lay down, when all of us lay down, this whole world awakens where people have no choice but to participate in sex trafficking or labor trafficking."

New construction that I will be able to close within 180 days.

If you have little or no experience than a General contractor may be a good choice. 

@Kristin VegasRelocating out of state to begin real estate investment might be a big choice, but it can also lead to new markets and possibilities.

Well, the only way anyone will know if there is mold is if the tenant reported them to the city, sure then no choice.

You should know the contracts and the closing process, construction costs and all the potential money-pit issues to look out for with properties, so that you feel comfortable with your EM going hard without a proper inspection, etc.

I just wanted to know more about closing cost and who pays for them?

Here is the project: https://e11evenresidences.comLooking to purchase a unit for $670,000Sleeps 4 with approx. 614SF and one of the few units with outdoor terrace and cooking areaFrom developer:PAYMENT STRUCTURE 10% @ contract signing 10% in 6 months from contracts 10% @ Groundbreaking - Summer 202410% @ anniversary of Groundbreaking 60% @ closing 2/3 Q 2027Let me know your thoughts here!