For that much down and with the lower payments a high level cash on cash return should be in the 10-20% range..

The bank notes with friends and family range from 8-10% annual payout.The community has 5 tenants, 4 TOH (tenant owned homes) paying $325 per month, and a house $500 per month.

The information that I found online shows that land in the immediate area is ranging in price from about $37,000 to $150,000.  

@Samuel Boyd what are some of the best buying opportunities in my desired price range in your opinion?

show up 2. prof your funds to the crier  that's a Cashiers check made out to the Trustee service for at least the minimum bid plus a buck... most items in our markets open in the 100 to 500k range.. rare you have a sale for less than that . at least in the bigger metro areas.3.

We have agreed to look for something in a lower price range.

I am seeing houses  over priced and I see lot of 1980s built houses when I am looking at for my price range .they are not turnkey either hvac issue or some other issues .I am looking at Steele creek area not sure whether I need to change my search 

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

Standard down payment for a new primary mortgage typically range between 3%-5%If you need the rental income from the home you are departing you typically will need a fully executed lease and proof of 1st payment and security deposit

I've seen a range of $1,000 - $1,300 based off Facebook Marketplace + Furnished Finder, but what are the numbers you are seeing?