Kit/pre-fab homes. How was your experience?
I'm finding several terrible houses in very desirable areas. However, the houses on the lots seem to be in such awful condition, it would probably be more efficient to demo the houses and re-build on the lots. Given the shortage of materials here in DFW, I was looking at some of the offerings from kit/pre-fab home sites like https://www.zipkithomes.com/. I'm looking at the multi-unit options in particular. Have any of you built kit/pre-fab homes on a lot and used them for investing? What was your experience? Pros/cons? Effect on cashflow? Cost? Things to look out for?
Thanks in advance!