Are you doing this on your own, online?

If your adjusted gross income (AGI) exceeds $150K and you are not classified as a real estate professional, passive losses from rental properties cannot be used to offset your earned income.

Agents can earn tons very quickly if they're savvy.

BNBCalc partners with several data providers for short-term rental revenue estimates (Airdna), comparable properties (Airbtics), long-term rentals, tax information, and property information.Our comparable properties provider airbtics provides "revenue potential" estimates which it defines and calculates as the following:Revenue Potential is the revenue that the listing could have earned if it was active every day for the past 12 months.Formula:Revenue Potential: = (Revenue / Days available) * 365 Example: ($33,500 / 304)*365 = $40,222You can find more info about their data on their FAQ!

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Since I'm on an H1-B visa, I'm only allowed to earn passive income.

Military pay is documented on a Leave and Earnings Statement (LES).

I plan on splitting this land into two 1.5 acre lots as there is enough road frontage, but I'm concerned that someone could show up and want to start drilling in the backyard.I think someone wanting to drill is unlikely for the following reasons:- the original owners are probably dead and the ownership is split between inheritance to multiple people- the lot is too small for them to mess with- there is only a single active well/pump within 30 miles from what I can see online.

Also from what I've read online breaking into the insurance side of things sounds like it requires cold calling and building relationships with those reps vs just registering property in database and waiting.

Here is a list of many things you need photos of that won't be available online:1.