I’ve worked with investors looking to hold land for similar goals; either to build their dream home or simply take advantage of appreciation.

I would suggest building your CORE 4 which consists of a great realtor, contractor, property manager, and attorney after you choose where to invest in.

The building of an asset that is down nationally is a risk.  

Solid looking building in Rocky. 

We have good managers, good contractors, good attorneys, and (if I do say do myself) some good agents.So... that's the good.The bad? 

Quote from @Christian Bobby McLemore: You're 21 and you've been building houses your whole life?

With a passion for finding undervalued properties and transforming them into profitable assets, they are eager to learn, grow, and build a successful real estate portfolio.

North Canton is a mess right now, they outsourced their building department and went way off the deep end with controls and penalties. 

Focus on building a network of contractors for repairs, set clear boundaries for house hacking, and take advantage of tax benefits.

If you're considering just "winging it" please watch Pacific Heights starring Michael Keaton so you can get an idea of what life will be like inside the same building as rent control tenants whose rent control you are trying to terminate.