It was just the best for meat the time, I was travelling internationally for work all the time and needed an investment that is as passive as possible.

Hi Bigger Pockets, i need your advice on this off plans property that i already put a down payment on.Background information. last year i joined BiggerPockets premium with the intent to invest in real estate no matter what. i am currently living overseas (US Citizen) and given the pandemic it was not easy to find a distressed property which i can flip or fix and then rent out. however i came across an alternative option which offers both some kind of safety in terms of the property's condition and the risk associated of buying remotely and incurring lots of hidden problems while at the same time getting some upside on the deal . so i found a developer in NC who is willing to sell me at a discount for a property that will be finished next December, i.e. 8 months from the now. the property information is as followsCity: DurhamDevelopment: 25 Townhomes, 5 buildings and 5 townhomes in each building. there are end units and middle units.Property Type: Middle unit TownhomeSize: 2,600 SQF, 3 ensuite bedrooms, 3.5 bathrooms, 1.5 garageListed Price: 529kHandover Date: December 2021Down payment to hold the townhouse and price paid to the developer: 5%, i.e. 26.5KThe development is different than anything in that area in terms of design and quality and they have already sold (under contract) 15 out of the 25 units. 10 units will be delivered this May. 

In due time, I will better understand my strong-points, and likewise what I need to work on.Besides working as a mortgage loan officer - which is quite time consuming, if you could imagine - I love passing time with my friends/family/significant other, running/exercising/kickboxing, and cooking new dishes (big Tex-Mex guy, and love a good carne asada).

-besides cooking utensils, what else do you provide in the kitchen?

Apply the 70%-80% rule then if it there is still some meat on the bone then go for it. 80% is still a good deal for neighborhood like Westbury Area of Southwest Houston.Goodluck

One thing I would add is that including a gift card to a local restaurant can always be a nice touch as move-in can be a little stressful, and cooking may be the last thing new tenants feel like they have time for those first few days.

Just run the numbers and make sure theres enough meat on the bone. 

Please call me at my phone number (000-000-xxxx), I look forward to chatting.

And not much meat left on the bone for flip potential.

Absolutely Rob, feel free to call me at (402) 201-8162.