Hey everyone, curious who else is building or investing in new build spec homes right now. 

No amount of creative financing will allow her to keep the home.

.: @Jason Wray  I'm currently in Ohio, it's a lot of duplex homes in the northeast area, but I'm not sure to tell if it's a good deal.

The need for senior living is obvious and growing.Your 10–20 resident home model really interests me.

I have had good luck with Alabama homes in LLC's with Auto-Owners, Obie, and american modern, recently

You can’t buy individual pads unless they’re separate parcelsFor you to “own” 10 out of 100 pads:The land would have to be legally subdivided into 10 separate parcelsEach parcel would need its own legal description, utilities, and tax IDThe city/county would have to approve the subdivision (they almost never do)RV parks and mobile home parks are almost always one parcel, meaning you can’t carve out 10 lots and sell them like condos.2.

Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.

A basic Zillow search shows a listing for a 3 bedroom 2 bath brick home on Detroit's westside for $45,000.

Hold until they get into the 3-5 year range or once they they hit into the 750-850 home built and either build and hold or even sell the lot or land for a big profit.  

The U.S. housing market will finally turn the corner in 2026, with a double-digit increase in home sales supporting a 4% increase in home prices, according to new predictions from the National Association of Realtors®.NAR Chief Economist Lawrence Yun forecasts sales volume for existing homes will rise 14% next year after three years of stagnation, and sees new-home sales rising 5%.