Rentec Direct also has a built-in accounting program. 

Most builders don't allow investors for new construction, so look for homes built in the last decade or so.

:Unit count = 8-30 unitsLocation (Neighborhood Grade): B or C+ NeighborhoodYear built: Between 1960-2000 (Preferably 1980 or newer)ROI: 7% Cash on ROIRehab Scope Needed: A maximum of $9,000 Interior RehabOccupancy: 85% Occupancy (Minimum)Unit Mix: 1 Bedroom unit shouldn’t contribute to more than 50% of total unitsConclusively, sticking to your criteria mitigates the downsides!

I also have a boutique property management and a project management business which I built from scratch.  

My situation is that I really want to move but the specific type of property I want (acreage in a specific school district) is really hard to find.Is it wise to sell my existing home high (for almost $200k more than I built it for) and then build at a high cost? 

His POV is that he’d rather have the cost of all the improvements built into the monthly mortgage payments than spend the time and credit card/debt to complete improvements on a fixer.

It’s in a newer community in a rapid growing area.

New built probably not going to cash flow when you factor in all the costs.

Also, for precast panels are you referring to the factory-built walls that have all of the electrical, insulation, and structural members inside already?

This is a short story about one of the things to look out for...My wife and I recently moved into a single family home built in 1908.