I would make sure you speak with a land use attorney on this

@Ilir Livadhi I think you are referring to property wholessalers telling you how much the rehab will be - and as you see, their numbers are often not based on reality.

I was living abroad buying/selling real estate mostly land, and some land with structures.

We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.

I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.

It’s a double wide and the land is not owned it’s rented.

Good evening,Just saw Cleveland, Ohio has relatively inexpensive houses which has the potential to cashflow. I'm looking to investigate this market a little further and wondering if anyone can help me out. I would lik...

Don't have any land specifically, although we've got a small town about 40 minutes north of Baton Rouge we've been investing in lately that seems to have some demand.

Is it possible to keep my land loan out of it to keep the total cost low?

- Renting it Out: The likely rent I'd get in this area will cover half my mortgage payments at the moment- Add Square Footage: Taxes will likely go up significantly- Build an ADU: Overall ROI will likely not offset much since it'll still be counted as value tied to the one house- Selling Off Land: Sits on .5 acre that I might be able to sell.