Sure there is some interest expense involved but you are getting the time value of money pretty cheap at today's sub 4% mortgages.And this scheme is trapping your hard earned after tax money into an illiquid asset. 

Cheap is expensive is a saying you hear which is true.

And anytime you have that cheap of lots that are buildable you can get a building boom that will far surpass normal absorption liike what we are seeing now or saw what 3 years ago  or so.. builders / GCs taking on 50 jobs at once with no hope of ever being able to deliver simply not enough subs and such to keep up.  

He is a very connected person and can get all kinds of interesting supplies very cheap and is willing to truck some our way whenever needed to come meet us in person and learn more about what we do....networking is always invaluable....Again these are very large returns because we are connected to a program that allowed me to fill in the holes in my knowledge easily and quickly.

A lot of the flyover states have cheap houses/2-4s but junky tenants and lots of cap/ex. 

", if you can be thoughtful and diligent and very skeptical, and wait until things are obviously cheap, you will generally outperform 90% of other investors. equation {Buy low + decades} = RichGet a hold of someone on the phone, about the investment, ask a few questions and get their best contact information.

Repairs and Maintenance are not cheap and shipping carpet/furniture/etc to Hawaii calls for huge price premium so I would be sure keep a reserve for replacements.  

Google ai's are cheap af, expect these ads not to match so well your preferences.It is amazing how this "thing" is still going on, been chewed and ruminated in this forum since 8 years ago based on the first inquiry here.Now here a simple fact for you to check: 1) When you click on the ad, it directs to whatever landing page to sell a product of their business.

Be aware that in many areas this process is neither cheap nor quick.

You get the best of everything- cheap, tax free access to your equity, you get to keep your interest rate and you get the cash flow.