I, unfortunately have not digested a property of that magnitude so I’ll also be following your progress.

Lot's to digest here and even more people to lean on for assistance.

I've digested a large amount of information as well as read a few of the books by BP or linked by BP.  

If you want to save yourself some hassle, view conventional offers more favorably, or nudge your FHA buyer into Fannie Mae 3% down FTHB program if possible (income caps by census tract).2.

Payment was recently made to the State of Alabama for a small tract of land. 

The younger generation is thankfully seeing through the biggest marketing scheme of all time: that paying a bank interest and rent is "owning" a home.It's going to take more of that thinking to correct this ridiculous demand for tract homes at $125+ per square foot.

This loan product also has eligibility requirements based on income and census tract.

We are also considering transitioning into careers focused around real estate so that we can have our work life in sync with our investing strategy - currently looking for at least one of us (her most likely) becoming a real estate agent, I am considering getting into being a GC (my father was a contractor for decades) but also considering the real estate agent tract with a goal of starting a PM company once we have the experience. 

I'm a new investor, economics background which means I understand math and maybe am grounded about appreciation or lack their of, however I came across "The book on rental property investing" and I again am realizing how much I know nothing.What I am learning as I digest what I can from the book is that capex on a smaller home is similar to capex on a larger property.Also, the property I am looking at is under 25k, and is not a rehab (not to my knowledge, inspection pending.).  

Also, this is just in the sweet spot between Forest Hills and Oak Hill--not in an area prohibited (so a TON of permits left for this census tract...49/50 as of today to be exact).Thank you!