But its a gamble.

Two tips:  Plan for Property management when you buy the property (because you will move), and don't bet on appreciation and selling in 3 years (that's gambling).Good luck!

Branch of a Foreign Bank or Insurance CompanyInterestDividendsCapital Gains (Income Code 9)RoyaltiesReal Property Income and Natural Resources Royalties (Income Code 13)Pensions, Annuities, Insurance Premiums, and/or Alimony (Income Code 14)Scholarships and Fellowship Grants (Income Code 15)Pay for Personal Services PerformedPay for Independent Personal Services (Income Code 16)Pay for Dependent Personal Services (Income Code 17)Pay for Teaching (Income Code 18)Pay During Studying and Training (Income Code 19)Artists and Athletes (Income Code 20)Real Estate Investment Trust (REIT) and Other Trusts Distributions Subject to IRC section 1445 (Income Codes 24 and 25)Unsevered Growing Crops and Timber Distributions by a Trust Subject to IRC section 1445 (Income Code 26)Publicly Traded Partnership Distributions Subject to IRC section 1446 (Income Code 27)Gambling Winnings (Income Code 28)Notional Principal Contract Income (Income Code 32)Substitute Payment - OtherCapital Gains DistributionsOther Income (Income Code 50)

But this is a testament to the power of BP. that these international folks would target people here.I personally get no less than 3 to 5 spams a day from these " private lenders "  I just erase them@Joanne Schmidt  what is CI  thank you in advance for answering.

The gamble will be: how long will the Tenant last, and/or how much will the land appreciate?

Properties at this price point and in this kind of neighborhood are hard to insure and costly, so it was a gamble on your part, to not insure them.  

How ever when I asked her this question twice, she told me that it will only work on PC.Not sure if I want to spend around $100 for this gamble.

It's always a gamble.

I am sure most of you know, when you go to Recent Forums on bigger pockets, all you see is tons of new posts in foreign languages and accounts that are probably spam or either closed.Just want to make sure Admins know and would like to offer any help to fix this@Brandon Turner@Joshua Dorkin

This may have been a simple spam attack or a DDoS.