As a contractor and cabinet maker it made much more sense financially to purchase a home with a rental unit and manage the property myself.

Hello,I am interested in purchasing a recently renovated $195K property as a 'secondary' home for the next 4 years to use as a future LTR.

Perhaps they can provide weekly updates here on the status of the development.

we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...

Say he stays there 2 years minimum and then sells the property for what he buys it. 

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

Which is better way to legally structure the properties for protecting assets against tenant lawsuits.

What I see is typically in the $3k - $6k range for those types of properties.

If the property manager uses a payment app integrated with the property management software to collect rent for the landlord, this is not gross income for the property manager.