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. 

This year, I’ll be sharing tips, insights, and lesser-known strategies to help you turn your housing allowance into an asset.

Go to this link, the IRS Form 1065.

Tips for the buyer:Be prepared to be flexible and wait.

If any investors have tips or advice on successfully implementing the BRRRR strategy, it would be much appreciated!

This seems unrealistically low for a 40 unit property.

What are the next steps---BRRR seems like a good method for this- as theres potential for long term renters(near elementary and highschool)Step 1- look for a hard money loan(will they also cover construction?

Glad to have you as a part of this awesome community, Chandler! 

If this is not possible, take some time to get to know and be-friend the other HOA board members before you waste money with an attorney.

Hi Irene,I had a client that did this with a home and a barndominium next door.