Hello guys, I am curious to know what you all are paying per sqft to build a spec house with builder grade finishes (1500sqft., .25 acre lot utilities onsite).

They’re among the strongest in the country.And that’s before you layer in the bigger regional moves:Toyota drops $912 million to expand hybrid production, with $204.4 million landing in Georgetown.Ford continues forward with its battery plant.Supply-chain companies keep gravitating toward our interstates, river ports, UPS Worldport, and the commercial rail line out west that connects Louisville to St.

For STR/Mid-term I’ve used this Yale Lock. https://a.co/d/9Wj2BCQPros - if battery dies you can connect a 9-volt battery to power it and get inside (other versions work with a power bank).

Are they battery operated?   

S8 CHALLENGES 1) Getting tenants to pay their portion of rent (if S8 not paying 100%)2) Getting tenants to pay their utilities3) Monitoring tenant damages to property & resolving4) Monitoring additional occupants & pets and resolving5) Dealing with tenant maintenance requests they are responsible for: lightbulbs, smoke detector batteries (that they took out to use elsewhere), broken blinds, pests (that their living standards attract), etc.You can't really set an S8 lease on auto-pilot like a Class A lease. 

Hey Ben,The UDO changes have helped, but duplex-by-right still depends heavily on lot specs and timing.

I have had issues with the batteries going out too frequently so may explore other options but I do have older models which may be less efficientNoise Monitors: NoiseAwareAlerts me by text when noise levels are above a certain threshold for a certain timeframe so I can contact my guests and stop any neighbor noise complaints before they happen (I’ve only had noise issues 2-3 times in my entire hosting journey)Smart Thermostat: EcobeeSyncs with Hospitable to change the temperature to my presets when a guest checks out and before a new guest checks in.

Here is the property for reference:https://www.zillow.com/homedetails/46-Airpark-Drive-East-Falmouth-MA-02536/453906869_zpid/We also own and operate a short-term rental in Florida, which has given us experience with STR ownership, property management, and investing outside of our local market.Right now, we are weighing our next move and are strongly considering doing another spec home on Cape Cod, but this time going the investor route rather than relying only on personal or family funding.

I would even explore buying land in a desirable area and having a local builder construct a spec home.

You can make Section 8 work in a Denver 4 plex house hack, but don’t assume it pays more than market unless your unit specs line up with the payment standard and you can hit the rent reasonableness test.