Build vs. Buy: Which Is Best For Your FIRST Rental?
BiggerPockets
Jul 22, 2026
Investors often overlook pre-1960s homes due to fear of hidden costs, but these properties frequently offer the best value. Success requires ignoring the seller's projected numbers and conducting independent due diligence on the 'big five' systems: foundation, plumbing, electrical, HVAC, and roof. Treat every deal as your own analysis, regardless of the source.
Key insight: When evaluating a wholesaler's deal, ignore their stated ARV and renovation estimates entirely; the only useful information on their sheet is the property address, which you must use to perform your own independent underwriting.
