If a buyer is offered a 2-1 buydown (starting at 5.25%, increasing to 6.25% and then to 7.25%) with all closing costs covered except for $3,000 (to be paid by the buyer) on new construction through the seller's preferred lender, and signs the purchase contract in April 2024, the house will be completed by the end of September 2024.

This innovative approach to housing development is not just a response to market conditions but a strategic solution to address the pressing needs of renters and investors alike.The Sunbelt, encompassing states like Florida, Texas, Arizona, and California, has long been a beacon for those seeking warmth, opportunity, and a lower cost of living.

In a competitive market like Reno, NV flips are rare and generally get multiple offers and are in contract in a week.

We include lawn care in all of our rentals through a contract with a private company and just build the cost into the rent because tenants suck at taking care of lawns.

This pricing seems like it should be competitive with similar properties in the area.

Thank you,I'm new to this type of investing (more familiar with buying businesses) so I'm cobbling together information from brokers, chatGPT and everything in between to figure out what I need to (at reasonable cost while controlling risk profile) complete an acquisition.Facility is in rural Kansas, and is composed of a portfolio of 4 buildings on 3 parcels. 195 unit count - ~10 years old on average, some are newer (2 years) others older (15+ years)I'm trying to learn what I should watch out for in the process and what studies will be needed to get a good level of comfort before acquiring the facilities

Trying to determine if a cost seg study is worthwhile.

Trying to estimate total cost to install new vinyl plank flooring throughout.

I think many investors are going around that rule in Baltimore City, so I assume they are doing it in other counties.Not trying to pick on you as you are 110% correct and understand you are just reporting the facts on the ground, just I think the logic about this, about “off market” deals is kind of off, like there are plenty of ways to make money skirting the rules, taking advantage of old people etc, and there are more profitable ways than real estate to do that, at that point your not really a real estate investor, your just someone making money not playing by the rules of your competition and taking advantage of people, which to me shouldn’t be considered “a real estate strategy”

However, it depends how many properties you have if it's worth the cost.