I am also in the engineering field (Civil and Land Survey).

Inflation has finally caught up to us all.  

RBTR is his primary strategy in DFW and can probably share a few tips/recommendations with you. 

Use search function.People have posted STR calculators on here.

And here's a tip...When you think you are all done; stay in your new STR for 24-48 hours and keep a list of each thing that you were reaching for that wasn't there. 

What is the level of damage?

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

Don't set up an LLC at all. 

The winter months, it's pretty much empty but the summer months makes up for it. 

It also comes as a free bonus with the Momentum 2025 Summit, which starts in February.