@Aaron DavisI'm sure you know your business better than we do, but the question is why is there only 3 of the 8 units currently occupied? 

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

- If you're in an area direct bookings are popular (Gatlinburg, TN for example) use a property management software that also builds a direct booking site for you.

Many people in your shoes get stuck trying to decide which direction to go and never actually execute.  

 $185k invested, $7200 profit is below 5%.  

I've helped manage 100s of estimates for residential contractors, producing nearly 100 myself.Disclaimers: I'm not currently a contractor, nor appraiser, nor licensed.

Hi Gustaf, possibly, although the focus is more geared towards single and multifamily currently.

I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified. 

Currently I own one house which is my primary residence. 

Let me know and I can put you in direct contact with them  Quick closings.