We are at the feasibility stage and need help determining the best way forward for the land we have in Maricopa, Arizona.

While I do not have an official W-2 currently, I do have a steady income, great credit, and have money saved as well from working since I was 13 years old.I relate to Ian Kay in his journey but also am very determined to make my goals/dreams a reality this year by July 2025.

Quote from @Tyler Garza: Deal :Duplex Home2 beds / unit2 baths / unit3,000 sqftAsking 300k60k downEst rent/yr - 31,2005% Vacancy20% Op ExpenseMortgage 240k assuming 7%Results: CF - 6,600Cocr - 11%Cap - 8%Looking at this for a buy and hold and trying to determine if I am analyzing this right For the best rates, to get near the 7% on a 2-4 family you are going to need to put down 25% instead of 20%. 

I'm very focused and determine to succeed in the Real Estate world.

Understanding your goals before buying is key to determining what type of land to buy and how to use it.

To determine your rental rate, you need to compare your apartments to others in the area.

The 50% rule - in my opinion- is used solely as a quick back of napkin calculation to determine if it is worthwhile to do more investigating of a property. 

However, my main question is how investors determine a reasonable target, especially since some investors with access to higher capital are able to target projects with higher returns than the easily accessible passive or traditional opportunities. 

I was determined not to let anything hold me back.As I gained more experience, something exciting happened.

It's determined by the nature of your arrangement, mostly by how much you control the employee's work.