It is a really cool idea.

New construction in the city limits is increasingly hard to find and increasingly expensive.

Happy to connect and share ideas!

Zoho has an in-built dialer and can integrate with SMS services, offering a good balance of functionality and ease of use.Each of these CRMs has its own set of strengths and potential limitations, so I'd recommend taking advantage of any free trials or demos they offer.

Do the proper due diligence on ARV, estimating rehab costs, closing costs, holding costs (to name a few) and you will have a good idea on what the purchase price should look like.

So my limited experience with a new build did not yield cap ex expenses with what you are proposing. 

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

You’ll likely find a strategy that aligns with your goals and lifestyle.Since you’ve been enjoying the BiggerPockets Money podcast, I’d also recommend checking out the Real Estate Rookie podcast—it’s great for diving into beginner-friendly strategies and learning from others who’ve been in your shoes.Feel free to reach out if you want to chat more or bounce around ideas.

I'm curious what others have run into when comps are very limited. 

If the property was misrepresented in the sale documents, there could be grounds for legal recourse, though this might be more challenging after the rehab.In a similar situation, I’ve seen investors focus on maximizing their returns by operating within the legal limits (e.g., as a single-family or duplex) while still exploring long-term solutions with the city.