It’s slow and fees are high.

This might not be realistic if you're going to build several homes, but I've worked with other developers that were either building custom homes or doing high end rehabs that used them.

@James Maaba congrats on your recent long term rental purchase, East Stroudsburg is in high demand!

I have my eyes set on a plot of land near my home where there is high income and significant traffic in a rapidly growing area in Cedar Park, Texas (north of Austin). 

Quote from @Ava Petruso: New to investing but been in the real estate game for 8 years as a high volume realtor.

And that's not enough and the risk is too high at that margin for starter homes.

Price of entry is high, rent is super low. 

Look for properties with outdated kitchens or bathrooms, as these updates often yield high returns.

The rehab estimate seems very low and the ARV seems really high in my opinion, just based on a tiny bit of research looking at what this property was listed for recently (it hasn’t sold), and what the surrounding similar properties are worth (~$250k).

However:Strategic Tax Planning: Work with a CPA who specializes in real estate to maximize deductions like depreciation, interest, and operating costs.Higher Rents for Premium Properties: Some investors offset the tax by focusing on properties in high-demand areas (downtown Greenville or near universities, for example) where they can charge a premium rent.Short-Term Rentals (STRs): Consider STRs like Airbnb, where higher nightly rates can make the numbers work better than long-term rentals.