This gives you flexibility and a clearer understanding of how you’ll proceed based on market changes.

Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance

They are very likely based overseas.

We're based out of Chaska.

I would suggest coming to some investing meet ups and just start talking to others and form a plan based off of that.

Many would be surprised to learn that about half of all states allow discrimination based on marital status, meaning a landlord can reject applicants that are not related and not legally married.As always, it's important to know the laws of your jurisdiction.

When an individual landlord prices their rental, they do based on what the other ones in the neighborhood have rented for. 

And a monster referral base..

I guess I just want to know how you got to this conclusion.

Search for Tacoma-based members on BiggerPockets and filter by those with wholesaling experience.