It's not something we put in our offers here per se, it's just done as part of inspection as an a la carte add-on that buyers can choose to do or not, just like radon, flow rate or water quality test if there is a well, etc.

Hi Jaycee - I wasn’t choosing new construction per se, but this deal just happened to be in my buy box as far as price range, square footage bed/baths.I did a full gut rehab with my first purchase, and I’m sure I’ll do more in the future.

I'm not an agent per se but depending on how your units compare to the new build, I suspect you should be able to increase your rents to somewhat.

Who is selling in the SE or Texas at a 4-5 cap?

No one's "dropped the ball" per se... we're making great time at 79 days in. 

@Sas Sel I invest heavily in the SE, especially in FL for the very reasons you mentioned. 

In the event one of the common types of conflict arises, what stops an attorney or pro-se plaintiff (when allowed)  from filing a claim against the deed holder (whether it is an entity or owned by you individually?)

If this was 2019 I would put a DP on a small home in midwest or SE and househack. 

That's not a cost per se (though I do understand why you treat it as such).That's the reason it's instantly returning a profit -- because instead of my money sitting in a money market account earning 4%, it is in a property earning whatever cash flow that provides.

My interest is in multi family housing near colleges or areas with military bases in the East or SE.