So making one now and paying the whole fee for its existence for a month doesn't sound that appetizing.In my layman's opinion, I don't think there really is a difference, other than the California issue. 

But I’m in Des Moines, Iowa, not California, so the backlogs that we’re spoken of were non existent. 

For sure, but finding something that meets the 1% rule or has a 8 cap or whatever people used to consider a "deal" doesn't really exist in Denver.

As the supply of buildable land decreases in many markets, it pushes up the value of existing homes.

@Jonathan M.A self-directed IRA will allow you to roll your existing IRA into a format that allows for real estate and other alternative assets.

The app exists for Android... perhaps reach out to BP and ask why it was removed for IOS

I prefer existing assets because there is in-place cash flow and when markets turn, developers tend to be the ones left out in the cold.

I've also asked about making use of the existing well/septic, although I anticipate on simply replacing same with the new construction.Our counties aren't very modern -- while tax info is available online, I still have to go to the courthouse to research any other liens/judgements against the current owner to see if there are hidden claims to the property.  

There was an existing wye in the main plumbing run that we thought we could tap into in the basement without having to cut into the main.

The costs reflected in this linked report are intended to estimate costs high and they are mostly based on the existing floorplan; HOWEVER, I am strongly considering floorplan changes that address the outdated layout.