But if you have a self-directed IRA or 401k, keep this strategy in mind, as it could potentially save you hundreds of thousands of dollars in taxes.

Also consider contacting houses that look vacant, simply door knocking in a neighborhood that you are interested in and talking to the homeowners in a genuine way, For Sale By Owners is another potential, using an App like Nextdoor or Facebook pages/groups related to local real estate and just telling the group what you are looking for, contractors also know about houses coming on the market soon and so do property management companies, and finally garage sales are a good way to find off-market properties as people prepare to sell.To Your Success!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

I do look at the relationship to the potential renter. 

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing optionsYou’re a first time investor going for 36 units… alone?

Potentially free parking for your guests.Condos can work too, but there are more variables out of your control.

Midterm rentals often offer higher returns than long-term rentals, but you'll also have to manage more frequent turnovers and potential vacancies.

That should give you an idea of how much you can potentially charge. 

At a minimum, having viable plans in place for development will make these lots more marketable and valuable to potential builders when we have conversations. 

Are there specific advantages or potential pitfalls I should consider when structuring these activities through my LLC?