Obviously, a ranch would be the best, size has to be big enough, with plenty of space for parking so families can come to visit, and if it's located at an easily spot location would be even better. 

@Brandon ClarkHuntsville, AL, Columbus, OH, Milwaukee, WI, and Detroit, MI are good spots for buying real estate.

Ohio markets show up 3 times in Zillow’s 2024 hottest markets, with Columbus and Cincinnati taking the top 2 and 3 spots.

In addition my investor is exploring the option of getting a variance to add a parking spot in the backyard of the property.

Chart that out over increasing property values, you'll find a sweet spot that will be about twice of what you are considering for most midwest markets (certainly for Milwaukee).

Depending on the property and location I will do STR but my sweet spot is Long Term Rental.

$20,000 sounds like an awful lot for a sewer line replacement, especially if all you need to do is a spot repair.

I have funded quite a few Tax sale purchases on bare land in FLA and my clients I lent money to did well with them.. but they are spot lots. and they sold pretty quick on the open market not sure having habitat as a buyer is any bonus for U.

It doesn't take long to learn how to spot a good deal.6.

It doesn't take long to learn how to spot a good deal.6.