Only material cost was link ties and new poles and a couple of bags of concrete, and labor was around $200-300.

Our desire is not just to generate profit; we want to provide beautiful homes to first-time homebuyers and help improve the aesthetics of the community.My background: I grew up in La Grange (where my parents still live), but I have spent the last decade away from the Bluegrass State (and bourbon country) while serving as an Army officer.

I have been obsessively diving into this alternative investment strategy so that I have more tools in my tool bag.  

The beauty of our current Federal Reserve system is that it generally decentralizes the decisions on money creation and risk.

That song is absolutely beautiful @Brandon Turner.

Now I have 12 units (multifamily buildings) in my living-area in germany - 2k€ monthly passive Cashflow + repayment of property loan (and I have high returnrates).I was thinking about diversification of my portfolio and I’m very interested in US real estate markets (lovin the US – made vacations in Cali sooooo beautiful over there!).

I only know about the Panhandle, lol, so I would say consider 30A (any of the resorts along it have some beautiful larger beachfront homes that rent well).

It works best with motivated sellers, it's almost like I'm handing them a bag of cash and their problem is solved and they can move on with their life.  

Now I was looking through some of my hand picked properties yesterday, and saw a beautiful 1920's colonial that needs professional restoration, at a great price, where I think a flip is the best way to go.

I should have posted a long time ago, this is a beautiful community.According to an attorney there is a second mortgage/lien for around 100K, and she said it's possible the holder of that loan won't try to  collect or enforce their lien.