You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

You actually want to build them, or are you also looking to buying ones that are already  built?

Double the maintenance and capex on a 40's built home as compared to a 2010 build home and then let me know if it cashflows that much better. 

Over the years I have also built out several new construction residential homes and townhomes. 

So basically I had to put 15 to 30k into each one just to get current market value and compete with the new builder grade rentals being built..

However, with 2 young kids, schools, and the community we've built, it would be too big of a risk to do that.

Quote from @Sharad Bagri: Hi BP,Is it advisable to get a home warranty for older rental property  (built around the 1940s) ? 

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

I am a builder in NWA.I have given some investors opportunities to partner in builds with me.The deal structure is beneficial for investors because they get a newly built rental property for below retail price.Feel free to connect with me if it is something that would interest you.

If things work out with this 2nd company, and I have one operating rental in place of two empty lots in North Port, I'll be happy(ish). ya I built 3 up in the Ocala area took way longer but they got done and we did make a very small profit on them but I count that as being very fortunate.