Quote from @Dan Powers: @Shay Sherbotseli I'm an agent that works exclusively with investors looking for investment properties.

This could expand my purchasing power immensely.

Also the outside will need the shrubs to bet cut, a good power washing, etc.  

This helps in planning and ensures you’re prepared for unexpected costs.Consult with Your CPA Regularly: Have periodic check-ins with your CPA to review your financial strategy, tax planning, and any changes in tax laws that might affect your investments.

Here’s a detailed analysis to help guide your decision:Initial Costs:Purchase Price: $260,000Down Payment and Closing Costs: $60,000Monthly Cost: $400 for several yearsMarket Value:Current Value: $540,000 to $600,000Immediate Equity: $280,000 to $340,000 (based on the market value minus the purchase price)The substantial equity in the farm can be a powerful tool for your investment journey:Home Equity Line of Credit (HELOC): You could use a HELOC against the farm's equity to fund other investments.

They typically involve two agreements: a lease agreement that outlines the terms of the lease (rent, responsibilities, etc.) and an option agreement that grants the tenant the right (but not the obligation) to purchase the property within a specified period at a predetermined price.Negotiation Power: Lease options can be attractive to tenants who may want to secure a property for their business while potentially benefiting from any appreciation in property value.

Last thing I would suggest is when looking for your first investment that you dont  max out on your borrowing power.

@Justina Sirohman no one has created a reliable software program to do this yet - at least not one that is affordable for DIYs.So, knowledge, or access to it, is power for this topic.You'll either have to pay a contractor for bids, and/or learn how to price things yourself.

@Igor Balakhnin, the duplex hack with a primary residence loan is one of the most powerful ways to jump start an investing career. 

Quote from @Trevor Powers: Network, read/listen to books, and don't be too hesitant on pulling the trigger on something you believe is a good deal.