You’re in the right place, and it’s great to see your enthusiasm for learning and giving back to others in the future. 

I'minspired and always on the lookout for new ideas, trends, and success stories.

While the taxes on the listing may seem reasonable if it turns out they’re 300% more than they were two years ago just because the community has increased its spending this is a trend that will quickly make your cash flow evaporate.

Likely we'll be able to purchase in the future even if they aren't inclined to participate.That sounds like a solid JV structure, leveraging the land as equity really does make it a win-win.

Just wondering Im looking in to them to fund future deals.

The "online leads" trend becomes a vast pool of scams, each one discovering a new and "better" way to find motivated sellers via SEO/Paid adds/Social Media etc, and automatically aims to make a profit from selling those so-called leads.

I'm estimating a cap rate of 7.0%-8.0%, and 5) (this isn't you, more the model itself) The future property value shouldn't be based an annual increase (3% in your version), but rather on an expected cap rate at exit.

If you are looking to be very active and run like Mid or short term rentals yourself, or do flips, then you can, but this does not come without risk. if you are looking to pull money out and put it to work in other real estate so it can appreciate over time so you have a larger base of assets that are paid down or off in the future with some cost now, then I do think that is possible. 10% returns as a passive investor, especially in the first couple years is not likely. 

www.realtor.com/news/trends/households-shrinking-spare-rooms

Then I spoke to him over the phone later that day, and he told me, that unless I answer him if I wanted to buy the property within a few hours, I will lose the chance to get this property, claiming that there will likely not be such chances again in the future.