Although I have been following and learning from BP for years, we are both brand new to this, and I think we may be about to pull the trigger on a mistake, and I was hoping to get advice here before I cancel our offer.The property is in the 30349 area of Atlanta.  

Everything should be in writing, down to the type and name of the kitchen cabinet handles, the tile name/brand/color, the texture of drywall,....everything that will be a part of this project must be in writing attached to the contract and signed by both parties.

No lender is going to qualify a brand new entity with financials alone.

I gotta be honest - I don't think this makes money - high cost of materials, high rates relative to the last 15 years, probably not looking at much appreciation (I wouldn't expect the last 15 years to be the norm), lots of competition (there are a few brand new high rise condos going up), gulf shores is just down the road as well.

In the building I'm working at, they're installing a brand called evolve.

And only 1 of them is of a known brand (American Standard) and it's close to $700 and has a 1.28 GPF rate, which I don't like - prefer 1.6.  

My team closed on a brand new construction sfr this week in a master-planned community just South of Austin, near San Marcos....

How many brand-new KIAs can our tenant go through while we go on with our old Toyota before we realize the tenant has no concept of what to do with more money other than going into more personal debt with it?

and i stand by that.STRs, MTRs, seller finance, new construction, deals bought off market by experienced investors - sure, those could all work. but those are much, much more difficult for a brand new investor to buy on deal 1. 

My criteria for posting also somewhat "flies in the face" of getting my brand out there and causes hesitancy.