The other thing to consider is your renting strategy, Long, Medium, or Short term/Airbnb.

I'm new to Bigger Pockets Pro and looking to connect with others that are doing medium term rentals.

They will know setback rules, road widths required, easement documentation for road and utilities, postal box and bus stop.  

Depending on what aspects you would like them to handle vs you then you may be able to negotiate that 20% down lower.Alternatively, look into medium term rentals.

Before you take any action be sure to think carefully about what your goals are in the short, medium and long term.

,I have been using RentRedi (RR) to manage our only medium-term rental (MTR) property for over a year.

However the market is more of a bell curve with high, medium and low cost property values.  

If crypto was going to replace conventional money as a medium of exchange — a means of payment — surely we should have seen some signs of that happening by now.

If anything else, being a side hustle investor helped me be a better agent, not vice versa.All that said - start with your short, medium, and long-term goals, map it out and then take action based on that!

There’s also future development potential given the size of the land and zoning (allows for medium density development up to 8 units per property).What would be the best way to structure financing for a deal like this?