HI Kenneth,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Despite these challenges, the successful sale at $87,000 highlighted the importance of strategic planning, effective project management, and strong partnerships in maximizing profitability in real estate investments with Partner Driven.

You do have to be cognizant of where you invest if you want to maximize your appreciation.

It maximizes your potential for income flow while letting you dabble in real estate.It is a great benefit that you are prepared to work on do-it-yourself projects and concentrate on little improvements.

Yes, you want to lock in with an investor-friendly agent in the Houston area so you can maximize your learning curve and couple it with proximity to your family.

Evaluate the rental market in your area to determine the optimal configuration for maximizing rental income.The choice between using cash flow from your current house to cover expenses or pay off the mortgage faster depends on your long-term financial goals and risk tolerance.

You got to find a more affordable place and the landlord got to maximize his investment. 

HI Dean,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

Are there alternative investment strategies I should consider for this vacant land to maximize its potential value?

You'll have an advantage as when you're buying a single family home, you could look for ways to maximize your value by purchasing a house that has a finished basement.More often than not, my clients that have been in your shoes have ended up living in the basement while renting out the rest of house as a full home.Not saying this is what will work for you, but just my $0.02 on what to look for... give me a shout via DM or text me at the number in my signature.