Usually these homes are on private land and "need to be moved" but the end buyer has to arrange for moving the home.  

The builder says it is fixed (the builder patched the roof, replaced a tile, dried the walls using fan), but the leak detection test still identified elevated moisture levels in the walls and they couldn't pinpoint the source of the leak (There was no leaks in the pipes)

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I am a licensed mechanical contractor and ran a commercial service company for around ten years, but never messed with new construction in that business.

Purpose is for a high end coliving project.

I heard about these but never had one yet. 

@Daniel Morris, if you end up buying in NC I'm happy to introduce you to some great options for buyer agents.

If you do a 1031 exchange, you’ll never have to pay taxes on it on the other hand.

Their calculator has never let me down.

I am a realtor licensed in NY and NJ, sourcing off market fix n flips, development and investment deals to investors and developers.