Building will be 80k-200k depending on size and square footage.

Now I have other concerns.Sure, I've been self-employed in the business now for two years and my wife just quit her main job, but we're not slowing down now.

Depending on the size of the loan this might be a good fit for LifeCo money.What market is this in?

However it doesn't change the fact your name will be forever be listed on a docket and its one more thing you have to explain to banks, financing companies, employers etc.

While it may not provide immediate high cash flow, it could serve as a valuable learning experience and a foundation for future investments.Remember, successful real estate investing isn't about following a one-size-fits-all approach.

Depending on the more info, one issue is the loan size - $55,000 is going to be below many (almost all) lenders minimums right now for mortgage loans on investment properties

From a mid sized FL PM -You are doing a lot of what I do for my clients, but at a smaller capacity. 

Any new employers in the area? 

I'm sure if varies, but I just want a range to help decide what to do.Land is in Pilsen.You are correct the price can definitely range quite a bit depending on the size, finishes, rough materials, location, etc. 

At the time I was legal counsel at REIT  as my primary employment and the SFH's where viewed as a passive investment.