At the current cost to build estimate $150/sqft, It appears a 1500-1700 sqft new construction will need to sale for around 399,9k to make a decent profit.

Those are great gross margins, better than anything that I have found in LTRs.

The net-to-me margin is roughly 2 percent.  

It started with really buying my own personal home, then selling and making a small profit.

- The inspectors aren't stupid and will see that everything is brand new and then research for permits.Also can't think how you can make this profitable.

Theoretically, they split any profit.

Send me an email or a message here and I can offer some tips I use to maximize profits in FL.  

In this case however, since I'm raising debt, my profit comes from the deals.

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

But again, your profit after selling costs (and any capex improvements) would have to be in excess of $60ok to really make sense.