Starting local offers hands-on experience and control, ideal for learning the ropes, while out-of-state investments can provide better returns but require a reliable property manager.

My plan is to build along the same type of home, but of course with some of my design inputs.I want to get a really solid foundation before any actual building happens and I would truly appreciate any advice that anyone has to offer of some preliminary items I should know and take care of beforehand.

I think it is best for me in my situation to use an all cash offer, and I don't rent back to distressed sellers.  

Nice job getting a good return either way!

. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

Find a stable job, attend college, or work part-time and do both.

Also, think about the bigger market factors—how’s the job market and population growth in Lexington?

Agricultural land and residential development lots both offer strong, time-tested returns, especially in growing markets.I’d love to hear more about your experience with subdividing—what challenges have you run into, and how do you determine when it makes more sense to hold versus sell off portions?

Vet your contractors and engage partners if you don't have the experience for the job.

anytime works for section 8 its not going anywhere although section 8 tends to be heavy lift landlording job.