The product is the best in the industry and is worth way more than the investment.

Your comments make me realize there is a detail I should have included--I am looking exclusively at vacant lots.

Martin  I used to drink Woodford exclusively and then a buddy of mine who owned a bar sat me down to try Old Forester a couple of times and I made the switch.

I'm sure there's money to be made there in real estate, but it seems to be heavily reliant on one industry (Army) which is a red flag for me when it comes to evaluating markets. 

Could also be things like a new laptop if the laptop is used exclusively to conduct business on your rental properties (make the laptop or other assets $2,500 or less to avoid depreciation over multiple years). 

Full disclosure I’ve only recently acquired a few properties so I don’t have years of experience I just know that when I was making my decisions on where to invest I did use that site, but not exclusively. 

Not only will you make good friends, you’ll make connections in the industry.  

That way they can take advantage of the $500k personal residence exclusion.

Seasoning is just the lending industry jargon for a waiting period.

Hey Ashley,Accounting/Bookkeeping is not my strong suit so maybe we can help each other out.I run a real estate company in Birmingham AL and I've been in the industry for over a decade.