The reality is that he has to do weight and viscosity checks constantly on his mud and has to time pump strokes and figure out volume and pressure to make sure his pumps are not leaking or need a packing repaired. 

Less pollution, reduction in traffic, etc.

But be sure to weight all factors before doing so, in many cases you will do much better but keeping your 401k funds invested and using other sources for funding your personal investments. 

Asset managers take that into consideration and give it a lot of weight in deciding which offer to take.

Time on market, price reductions, condition etc can also be good indication of the sellers motivation or lack thereof.Rental demand is still high, so I think it is good to project future rents.

(d) Whether asserted as a claim or counterclaim, a tenant may recover damages directly arising from a breach of the warranty of habitability, which may include, but are not limited to, any reduction in the fair rental value of the dwelling unit, in any court of competent jurisdiction.(2) If a rental agreement contains a provision for either party in an action related to the rental agreement to obtain attorney fees and costs, then the prevailing party in any action brought under this part 5 shall be entitled to recover reasonable attorney fees and costs.HISTORY: Source: L. 2008: Entire part added, p. 1824, § 3, effective September 1.Gail

The interior paneling was usually a  3/16 inch photo finished veneer very light weight and the exterior siding was aluminum which was also very lightweight.

The upside is regarding the construction loan is you can capitalize the interest during construction increasing your basis in the project, The downside is you will need to bring a decent down payment and if you don't own the land or have any construction experience, and you'll need a partner with developer experience especially if this is your first project.I would recommend a JV with a developer, maybe a reduction on the developer fee in exchange for something on the backend of project completion, there are a few good ones out there that do small projects as well.

I've also heard of them going down 50% after multiple price reductions / DOM.

A quick question on entity structure and insurance: As I'm planning on investing in multiple properties over the long-term, I'm considering forming a series LLC in Texas, which has several benefits in terms of administrative cost reduction (relative to having an LLC per property).