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.

Check out the BiggerPockets local meetups here: https://www.biggerpockets.com/forums/5212.

Thanks for your expert help!

Hey @LaShanti Penn      I would suggest connecting with more local investors and maybe joining the local Charlotte chapter on the North Carolina Real Estate Investor Association.

Does your lender have any local experience?

Absolutely lean on your agent as expert, but keep asking why if something isn’t going according to plan.

Here are some recommendations to help you on your journey:To begin, get pre-approved for a loan from local lenders like Georgia's Own Credit Union, SunTrust (now Truist), and Wells Fargo.

My family is in the new home construction business locally, so new builds seem to be the smartest route. 

As @Daniel Sperling said, either get a standard contract that you can edit from a realtor you know or pay a local attorney to draw you up an air-tight contract that you can re-use once they know your goals - direct to seller, wholesaler, etc.The worst thing you can do is show up with a half-page doc for a seller.

Do you think joining my local REIA would be helpful?