@James Walker,I’m active in Chattanooga but don’t do new construction there yet—I’m involved in ground-up in Tuscaloosa and Athens, AL for the time being.In any case, I'd be happy to serve as a resource for your new construction or Chattanooga-related questions!

It will take time to heat up.

Balancing your account and doing taxes should be a breeze if you keep it organized up front.

It is a pure commission sale “job” where the salesman must (1) pay for his own education (2) pay for his own leads (3) front his own money to put the sale “under contract” and put up his own money to pay all related expenses.  

Did anyone end up investing in Belize? 

Homestyle does not allow for ground up construction only for a major rehab but also limits you to 75% of the after repaired value.  

What are the up sides for investing in the Texas market?   

Thanks in advance for your help.Depends how AGGRESSIVE you want to be - and whether you’re looking for a long term solution or just an immediate one or two time solution.A short term possible once or twice solution would be to write up a 6 month lease with a cancellation option after one month at the pleasure of the tenant.

Also, make sure that around month 9, 10 or 11, you get a THOROUGH home inspection done so the builder can repair any/all items that fall under the warranty up to that 1-year mark.

They are incorrect and if you follow their advice, be sure to hit them up for the fee when the lender charges you.