In terms of net worth, this plan theoretically surpasses the $1 million positive net worth mark from just real estate in month 192 (16 years from now, inflation adjusted to 2019 dollars).Here's a raw cash flow chart, including cash flow benefit from depreciation:Analysis and chart courtesy of RealEstateFinancialPlanner.com.

I have the raw results data.

If you have no raw materials i.e. degraded panels, it's pretty hard to recycle them.

I am interested in submitting an offer, or at least a letter of intent, to the property owner.This is my first raw land acquisition and I want to make sure I do proper due diligence before I proceed with an acquisition.

Does anyone have any suggestions on how to turn raw land into a money cow when you do not want to sell it, but you do not have money and no other resources for developing the land?

Raw land development costs (sewer, streets, curb/gutter, etc) are just too high for the current risks, in my opinion.

Focus on CoC or raw cash flow to determine what you are comfortable with. 

Can you discuss the area you purchased in and any other raw numbers (i.e. purchase price, rent of units) and what you've done since to increase the value? 

Here is a link to the spreadsheet and raw datahttps://www.dropbox.com/s/njmdhj390hfbxtd/Book1.xl...

If you button up your end then when problems arise, they will pass sooner and in your favor.I had the benefit of a friend who is a very successful landlord show me the ropes- his raw advice would not be permitted here- but it distills to what Thomas said.Personally I am a big proponent of documenting everything, late rent, lease violations, etc.