Quote from @Nick Henry: Hi there - I am starting out in real estate investing and am trying to build a portfolio of rentals that can produce enough cash flow for me to eventually leave my job and make real estate my main job.

One unit is remodeled and empty and the other is not and has tenants paying way under fair market value ($700). 

A property is available off market that seems to be a great deal.

What we found was only one other person contracted under $200 per square foot for clients and they also built within the city of columbus. the numbers have a much higher premium the closer you get to downtown. if you can't get the numbers to work my recommendation would be to get closer to downtown. we do build to rent development and single family home development and every line item is broken out. on the triples we have to build exterior staircases etc there are some things you can't really understand unless you build a lot. hope that helps but no one is going to build you for 110 a square foot. the lowest cost homes in our market at cost without a profit barely dip into 140 a square and we are in one of the cheapest construction markets and states in the country. 

TN markets are still pretty free market so even if you do get cancelled there will be alternatives.

[Click the image to see full size.]Real estate investing is for achieving financial independence.

Mobile homes can be great flips if you understand the demand in your market.. but a couple of things jump out.

Have you read, "Long-Distance Real Estate Investing" by David Greene?

Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have  either or all of the following the most "average joes" don't:1.

I have a duplex on market and a few that are upcoming.