From an investor standpoint, when you factor in lower CapEx, warranties, energy efficiency, and potential rate buy-downs, new builds can actually offer better risk-adjusted returns than older resales.

I first review the sales and/or rent comps, next I review the property condition or get an estimated rehab budget, then I review any other costs such as eviction or liens, and finally I set myself a max offer price.

Hi @Sean Leahy check into Stessa, it offers free features like expense tracking, receipt scanning, and property acquisition tracking.

If they are on the market we offer incentives and premarket if possible. 

@Steve Wilson there's a big difference between Owner-Occupant insurance companies, that offer SOME landlord policies, and landlord property companies. 

You can also use redfin or zillow and filter new constructions and it will calculate the sale cost/sqft. 

You have a lot to choose from Indiana and Ohio are coming in strong with Florida and New England offering huge ARV potentials.

I have a question about the tenant review part you mentioned.Is it actually possible to find out things like a tenant’s age, income level, or DHCR registration history before making an offer?

@James McGovern  James, the best way to identify top agents for new builds is to leverage public MLS data and online toolsMLS Reports – Most MLS systems let you filter by ‘property type’ and ‘status’ (sold/new construction).

I've never done that, but if I ever did, I'd offer the LAST month's rent, not the first one.