I've been on the western slope for over 30 yrs.I built my primary, its; Slab on grade, stucco, concrete roof, painted with E-84n roof soffits and tailings fire caulk (anti-ember) vulcan fire vents, 4 car wide concrete driveway, extra large house numbers, red 3/4" hoses on reals @every corner, completely denuded of vegetation 100ft.

RentRedi claims to be a system built by landlords for landlords and I have to disagree.

Because the reality is that one deal won't make you rich, but the continuous growth you get by doing deals and building your skills, network, and expertise will create the foundation to get you there! 

It can be an intimidating thing to do when you are just starting out and asking foundational questions.Second, please keep in mind that what I’m going to share is my opinion and others may disagree.

Details can be found at https://www.biggerpockets.com/forums/521/topics/1224992-brew... 

Please see the rough numbers below :Tear down house price 350k,Construction cost 165 sqft * 2 build=627k too much for the land unless your exit is 3 million. don't reinvent the wheel. no single family home builder is paying 300k for land. that's miami florida prices where I live. we buy land 50k and under in Columbus Ohio. keep land at less than 10% of after built value.

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team

It takes time and patience, but the long-term benefits are well worth it.I’ve personally gained invaluable knowledge, listings, and deals from friendships I’ve built over the years.The more people you engage with, the faster you’ll achieve your goals!

There is still some value there although distressed unless its a tear down in my opinion for the foundation and exterior walls if salvageable .

I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet.