Building New VS. Buying for Short term rental investing

[Zachary Cain Humphrey]

In my experience I have noticed there are a lot of upsides to buying land and building new (construction loan) VS. the traditional find a home and buy it with regards to the STR strategy. I would love to hear others thoughts on what upsides they see as to why a person would choose to build new vs. buy an established already built property for STR?

I understand some markets are great investor markets but provide very little inventory practically forcing an investor to build new in order to gain access to said market. I also understand the ability to "create" equity through the construction process much like flipping homes / BRRRR would do. Just wanting to hear everyone's thoughts!

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[John Underwood]

I agree with Michael and Bruce.

Turn key would be the easy button.

A fixer upper would be your best option and save you the most money.

New construction is expensive, time consuming and stressful.