I suggest doing your own research for data and assumptions (like rent, vacancy, appreciation/depreciation, etc.) and not rely on AI. 

I’ll keep saving and researching in the meantime to get a clearer picture of the capital needed.

Then you can consider researching and finding something that meets your needs better.

I have been researching this and even submitted my first offer, but my lender says he has never seen 3.5% work because 75% of your rental income needs to cover all of your monthly expenses.

Or can just research and learn on your own.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I also practice as a Realtor because I enjoy it and it is extra income.So as an investor, your options are to get your RE license and have access to a lot of tools and do the research yourself (therefore you're paying with time, energy and a little money) or you work with a great realtor/investor in the specific market you're looking into.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

I’ll have to research cross-collateralized loans too - I wasn’t aware anyone was doing that but it makes sense. 

Not that it really matters.No institutional lender will give someone a loan that doesn't have:1) Credit history2) A social security number3) Income3) Employment historyYou'll want to research Wholesaling and Land Contracts.