Investing in new construction

[Anthony Finger]

Hello BP,

I have a question that I want to ask the masses since I am very new to the rental game and only have one rental property.

What is everyone's take on investing in new construction with the intent to rent it out right away? I live and invest in San Antonio and there are new neighborhoods and new houses being built all over; would it be wise to buy one and put a tenant in it right away? 

Secondly, is it legal or allowed to buy a new house in a neighborhood and rent it out? Or are there rules and policies against renting new construction?

Any and all responses are appreciated! 

Thank you in advance, BP!