Any advice on preferred property layouts or amenities that perform best in this sub-market (for example, decks, hot tub, lake view, or easy winter access)?

Building costs swing wildly depending on where you are and how custom the build is, but here’s a quick reality check from what I’ve seen lately:Basic spec or builder-grade new construction: around $225–$275 per square foot.Mid-range custom or semi-custom: more like $300–$375 per foot.High-end custom homes (especially with slope, trees, or tight access) can hit $400–$500+ per foot real fast.A lot of folks forget how much the site adds — clearing, grading, utilities, septic, driveway… those things alone can tack on $50–$100k before you even pour a slab.As for permitting, brace yourself.

With a property manager, you often lose access to the short-term rental tax loophole, which is one of the major perks of STRs.

Pro gives you unlimited calculator access and additional resources to help you make confident, informed decisions.If you’re thinking about upgrading, reach out to me—I can share a discount code and help you decide if Pro is the right fit for your goals.

Fees to join your local board, MLS(S) so that you have access to listings, key access, E & O insurance, and there could be more depending on your local requirements. 

You need to builld out your book of contractors over time and constantly add and remove some

@Damon Silver There is a program that many accounting firms have access to that goes through a questionnaire and then develops the CS study for you.

.: Would have bought one higher quality asset (Class A or B) in Indianapolis metro area and not two Class C homes "cash flow on paper" which in reality I'm negative most months (sold one home to cut my losses) - constant repairs called in by tenant.

We’d like to keep the property as a rental, but access approximately $650,000 in equity to reinvest in other properties or securities.Would it make sense to transfer the property into our real estate business’s LLC?

(in my area the soil of each proposed lot has to pass a perc test if the properties will be on septic or be able to connect to the city sewer if not... you'll need both legal access and physical access... the lot will need to be level enough to build on, etc. there is a lot more to look into but those are the big ones).