thats basic list one can add.Value add /  New construction / land entitlements/ Timber / Minerals/ Lendingetc etc.. far more ways to actually make money than just buy and wait for rental income to payoff debtl 

How did you find this deal and how did you negotiate it?

You should check with your 1031 provider quickly.

Since you're 6-12 months away from buying, use this time to build investor relationships, master deal analysis, and secure financing.

So are you saying the Mortgage One deal would be the way to go? 

Since the yard is already rough, I would keep the shed and see how it works out.Consider adding something to the lease that permits you to remove it from the property if it becomes problematic.

I know that I want to focus on LER with the brrr strategy. now my questions are:1. where to start?

Start with a small one on the first couple to work out your system kinks.  

Deal Machine is good mainly for D4D. 

Focus on affordable markets, build a strong network, and continually educate yourself through books, podcasts, and deal analysis to steadily expand your portfolio.Good luck!