We purchased 133.7 acres January 20th of 2024, we then proceeded to subdivide 4 building lots, ( two 10 acre lots,  and two 2 acre lots)  which included costs associated with septic testing,  survey & subdivision, and property maintenence required to market the building lots.

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

Building relationships with them early is key.For tenant communication and rent collection, tools like Buildium or Avail can make life easier.

Property Valuation:Investors look at a variety of factors to determine a property’s value, including comparable sales (comps), rental income potential, and location.

I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.

that doesn't seem ideal - i think people should build up a track record before borrowing private money and putting it at risk.  

Use a 20% vacancy/tenant nonperformance factor in your analysis.

Then you'll need to build a team of contractors to handle renovations and to help with things such as property inspections.

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.3.

What type of properties are you looking to acquire to build your portfolio, SF, 2-4 MF, or 5+ MF?