This is what I recommend to new investors who contact me asking if these numbers look good. 

Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?

This would allow for a longer carry back with up front cash flow.

I know he's recently shifted more towards spirituality, marriage & family content and it just seems he's gravitated away from the hard work of actually buying and selling real estate, which is why (IMO) most of us are here.

This seems unrealistically low for a 40 unit property.

Does this guarantee that a seller wont give in to greed and try to get out of your agreement? 

This gives you a better opportunity to do STR or MTR and not bother yourself or the LTR tenant with more people coming in an out.3.

🤔Let's explore this idea together...💰 The Cash Flow ConnectionThink about it - both investments are essentially money-making machines.

And, know this: what you don't know will hurt you. 

Also, if anyone has any experience in land purchasing I would appreciate any tips or websites on how to find the best deal or agent for the same.