If you want to manage your own properties, I would highly recommend buying within an hour of your primary.

when i buy dirt and do the horizontal these deals can take 2 to 3 years 2 years to get through approvals and horizontal  12 to 18 months to build and sell.. thats a 20 to 25 lot project.

Highly recommend you DM @Samuel Eddinger and buy him lunch to pick his brain!

I hope the heck I've got more than a decade to go, but just have too many play things to do that are more important than buying another house.

I'm assuming at this price you are buying one of the 2-acre parcels where the subdivision is not yet complete.

@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise. 

Those that preach no/low down payments are mostly just trying to appeal to the masses who want everything for nothing that will buy their courses.

We lend up to 75% of the ARV but most people are buying and rehabbing well below that from the investors I have been working with.

It’s not a place where you can just buy anywhere and expect success.

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one.