What is the model home upside?
If you believe that one of the best ways to buy a home is to buy early in the life of a community then model homes are for you. You can actually buy THE first home and ride the appreciation and builder price increases throughout the life of the community to the very end. The builder has paid most of your closing costs, your mortgage for a few years and given you a decent price on his highest demand home. And just to repeat myself, you never had a missed rent payment, never turned over a tenant, never had any expenses other than mortgage related expenses and at the very end, the tenant touched up and repainted the home to look exactly like it was when it was brand new.
