One key tip as you begin is to connect with local investors who are active in the markets you're considering.

You might want to limit your visits though to avoid escalation.Short term if the smart lock is on his personal door just change it to a key if it's isn't working for him, you can always switch back later.

If you want appreciation, identify markets with expanding industries, positive growth trends, and bright economic forecasts.Columbus, Ohio is a great market to consider if you're looking for appreciation markets that still cash flow.

Clear Exit Strategy Since you’re dealing with a short-term loan structure, having a clear exit strategy is key.

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

Based on my experience, the key to success is screening for good tenants and managing them well. 

Has cash flowed between $50k and $56k the last 3 years with upward trend.  

I think getting really good at one thing, establishing a network within that niche, and being able to analyze deals quickly is the key making things work.

Be sure to include instructions for turning in keys, notifying you that she's out, etc.

Whether that number is $1M, $5M or $10M, I am not doing it to say I am worth X, I am very low key when it comes to net worth and want to do what I want.Some people are like this and some have a target number, but I think what you are reiterating is if you say $10M and you get there are you happy or is it now $15M or $20M.