However, exploring out of state markets could offer stronger cash flow upfront, so it’s worth evaluating both paths.A piece of advice would be to focus on building your core 4  team: agent, lender, contractor, and property manager.

Cody,If you want to work with a bank or lender to build on a piece of vacant land you will need to be on title of the land for at least 6 months.

Make sure under the sink there at least a big piece of plywood that can take a water leak.

Use Loopnet and look for the oldest nastiest piece of land or lot for sale.  

From all the heirs I have talked to after a death, eighty percent are more annoyed they have to deal with this than excited to be passed a piece of real estate.

I suppose it is a good piece of information to be aware of going into the deal.

According to a piece I saw in The Economist, it’s surprising how certain markets keep evolving from year to year.

Don't worry, it's the last piece I'll put in this thread.

Rents/Divs go up with inflation, and capital appreciation occurs at an unpredictable rate.Yes, you’re giving up returns compared to direct RE ownership, but you’re gaining piece of mind.You could try note investing too.

There is only a limited provision to make additional fixed-amount payments once a year. ...This is one of the pieces I was missing when I read through the thread earlier.