The good news is that most of the businesses are moving to Texas which is the biggest hurt that they can put on the state.

Cost to build is $350K (I am managing it all myself and calling in favors around the city to get low rates on materials and labor).

However, to someone who is currently priced out of the condo, SF, and MF market in most cities, this is a dream come true.Open to Feedback. 

Their home has been vacant for over 4 years and is uninhabitable as the city water dept cut off service due to a faulty septic system spilling sewage in both our backyards.

What city is this property in and what is the ARV and rent?

Personally, after working with numerous property managers in Las Vegas, I only trust two to handle this task for my properties.Compliance Is ComplicatedProperty management involves navigating a maze of city, state, and federal regulations.

The only solution I see is connecting them to city sewer which won't work 95% of the time. 

It’s located in Midwest City Oklahoma, rent for this house works easily be $850/month.

That said, I wanted to share my story about how I found an out-of-state property, got it rented, and set it on autopilot.BackgroundI’m in my late 20s, living in a very high cost of living city and working in tech.

Looking back on your earlier projects, what were the biggest mistakes or lessons learned in securing funding or managing build costs?