You can also look into community solar projects if you're not ready to commit to a full commercial lease.Timber Harvesting: If there are trees on the land, selectively harvesting timber could generate income.

Did you ever select a program, which one and want to share the experience?

Also, if you go into the BRRR strategy to add more properties faster, every time you get rent and make a payment, you’d still be paying off the loan which is increasing your equity so it’s like a savings account that builds itself.

This property has strong potential, so think of your payments as an investment in your future portfolio. 

More down means lower monthly payment means more cash flow.  

What does he consider a substantial down payment and does he know that he has to pay capital gains on that down payment instead of just on the payments?

So hard money loan in my name, down payment and carrying costs covered by her but we still need to meet to hash out the details.

I could have done better in selecting my properties.

FHA also allows some flexibility with grants and assistance programs, which could help with closing costs or down payment.

I would also consider scaling back major expenses like car payments, lavish shopping, etc.