Investment Info:Small multi-family (2-4 units) buy & hold investment.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

But this will depend on the area that you are buying in.

Are you buying the one on Mitchell??

He is one of the partner ,there are many others In this partnership,as in, they all pool the money to buy land and build large single family homes .

I also like to be set higher than most of my competition because I only buy really cool properties that are sought after.

Huntsville was the market to be buying in ~5 years ago.

Location is key, so buying in the best neighborhoods is your best bet for solid appreciation.

This is not a one size fits all answer, but bad debt is non-asset based or depreciating assets - , credit cards, medical, buying dumb stuff.Good debt is debt used to make or grow your portfolio. 

For a long term investor:Would it make sense if you could buy the home at a steep discount and then let the owner stay rent free for a specific period of time?