Crime rates per capita here are pretty exaggerated as a huge chunk of crimes are committed by folks from out of town. 

Also, insurance rates have been jumping higher recently.

Or you could find a group with a 30 year fixed (or Adjustable Rate) with reduced or removed Prepayment Penalty, but they will usually charge extra points or a higher rate to do it.Not 100% sure on the strategy behind it, but would be happy to connect and talk through either.Good luck!

It's nice to see that a family friend that's a lender mentioned shopping around for rates so that you can find the best deal possible, even if that means not working with them.

The reality is, it's not going to last.Only those hosts treating this as a business and offering the best product are going to keep both rates and occupancy high.

The service is not cheap. 

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

I've been investing there since 2019 and my strategy hasn't changed at all, even with rates the way they are now.The midwest has a lot of good options right now.

You can also watch this stream I did for BP a few years back that might be helpful: Just know that it's harder these days with interest rates at where they are.

Almost anything that has a guaranteed rate of return makes me want to scream and run the other direction, but this seems different.