Inventory Risk From Rapid ScalingRapid purchase acceleration raises inventory exposure and creates risk of markdowns or capital being tied up if acquired homes cannot be sold quickly.
Legacy Inventory And Margin PressureOutstanding legacy inventory and older strategies may continue to weigh on volumes and margins, pressuring near-term financial performance.
Operational Scalability And Execution RiskAs the model scales, operational complexity and execution risk increase, making sustained profitable growth difficult without robust systems and controls.