Right now the demand is scorching hot and there isn't enough supply to meet the market which equates to double digit appreciation.

If you are only supplying a stove and fridge, rather than a full 4-piece kitchen, my assumption is that this is a C or B class neighborhood, so there is no need for solid surface countertops or anything above builder grade cabinets.

You can also do some readings, try Joe Fairless' Best Real Estate Advice Ever.When it comes to the rehab process, you might want to get multiple bids from contractors, we have found success in supplying the materials ourselves and having them quote just labor.

Same with excess construction supplies.

I believe what we're seeing, prices going up due to increased demand / short supply and foreclosures in the private market going up, is simply a reflection of A) interest rates, B) halted foreclosures in the government-backed market, and C) the K-shaped economy.

One caveat I'll throw in there about management companies - some of the 30% (or whatever it is) directly covers costs you'd be responsible for - i.e. merchant fees, supplies.

@Dalton O'Rourke - The students usually aren’t around from June - July, they just pay for the house because they have to book it all year due to supply and demand.

The good thing on new home is capex is very small, so easier to calculate accurately cash flow.What drives appreciation is general market, the amount of new constructions coming to market and general demand x supply factors.

That’s probably just a blip in the radar and hopefully the supply chain is healthier this year.

It's one of the safer places to invest in the entire country when you consider the low supply / high demand, lack of areas to build, and exploding economy.