That seems low with the 5 units and storage you mentioned unless they are 1 bed units. 

In some cases, federal tax credits like those for low-income housing or economic development might also apply if the project aligns with certain goals.Instead of buying the land outright, developers often lease it from the tribe, which can reduce upfront costs and sometimes come with favorable lease terms.

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

@Kenneth Joseph PerfidoFrom my experience, you’re in a great position with your Newport property, strong cash flow, and a low 2.8% interest rate.

I’m also open to exploring short-term rentals, private lending, or passive investing in funds—anything that maximizes returns while keeping risk and time commitments manageable.For context, I’d consider leaving my job if this could become a full-time venture that surpasses my current compensation (low-mid six figures).

The area is a rougher area (low-income, Class 3 city about 40 min outside downtown Pittsburgh, many drugs in the area, etc.) - but the other units have great tenants who take care of the place, are quiet, etc.

I also watch occupancy rates and adjust if bookings are low.

When revenue is low in the first couple of year, so is the interest payment.  

Securing funding has been challenging, particularly because my business documents reflect low revenue from only one duplex, and I am currently between jobs.I have identified a reasonably priced piece of land and have saved a small portion of the funds from my duplex sale to invest in this venture.

The problem with averages is that a large number of high or low value properties can skew the figures either way.