There are many nuances in any one market that take time and knowledge to really understand.

They’ll have a deep understanding of the market and a strong network, which can help you identify the best opportunities.Owning rental property isn’t as simple as it might seem.

@Sharon Porter,Investing in a state-controlled property like this can be an opportunity, but it's critical to understand the legal and logistical nuances.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

From my understanding few lenders loan on just empty land.

I do not understand how that happened. 

It's a great way to talk through your plans and goals for real estate with people that actually understand! 

Of course, I totally understand that you wouldn't want to do if that guide is written by another real estate agency, in which case you have option 2.b.

If you are going to sell then you must understand the tax implications. 

For context I am a full time lender and understand DTI and have very good credit.