I've been noticing a renewed interest among local buyers and investors toward preconstruction projects in South Florida, particularly around Pompano Beach, West Broward and Homestead.Some key factors driving attention toward preconstruction again include:- Lower initial pricing compared to similar resale properties- Flexible payment structures, typically spread across the construction timeline- Potential for equity appreciation from purchase to completion- Reduced early maintenance costs thanks to builder warranties- Emerging communities allowing more flexible rental terms, sometimes including short-term rentalsHowever, not all projects offer equal value.

   #3 while you're driving to open houses, you're also driving for $. 

I live in Connecticut and was looking to buy and hold an investment property within a two-hour driving radius.

@Peyton LaBarbera There's two basic choices:1) Working for a company that mostly manages single-family homes. - Not much needed to get a job in this segment - just hustle, hustle, hustle!

So basically, if my husband and I get eaten by zombies the same night, how will my Trust (my son) access those funds?

This is some of your basic education, then if you think you are bidding competitively, go bid at auction #4...and get started.Best wishes and good luck.

@Andrew Pierce I actually wrote an article about this on my commercial real estate website take a look https://vkreacommercial.com/market-updates/f/how-immigration-is-driving-multifamily-growth

I’m not sure what a basic contract is, @Steve Balinski.

Schedule C)- Preparing audit-ready documentation in case the IRS ever asks questionsIf the $4,000 quote includes all of that, it's a reasonable price for the value you're getting.On the other hand, if the CPA is just doing basic tax filing, and not helping you plan or qualify for tax-saving strategies, then $4,000 is likely too expensive.

Basically they take a house that isn't selling-pay for the renos, then split the profit.