I sincerely hope you use this experience and make the decision to build your empire!

People who invest in land usually buy a large chunk and sub-divide it out or they buy land in expanding residential or commercial areas and sit on it for years until the right company/builder comes around and offers them a big chunk of money for it. 

I’m coming across a few subject to deals in my area (Inland Empire).

For example, Mammoth Lakes, Inland Empire, South Bay, etc. -- all over priced.Is that $176 cash flow, post taxes (income)?

The team at Empire Property Management gets a lot of credit for getting me to this point where the property is finally turning a profit!

RankMarketRent June – 2021YoY Rent Change -June 2021Rent Change on a T3 Basis1Boise$1,47720.7%2.9%2Phoenix$1,41817.0%2.3%3Spokane$1,20416.0%2.8%4Tampa$1,48415.1%2.3%5Inland Empire$1,84315.1%1.7%Source: Yardi Matrix 5.

By the way, the purpose of the train is to attract people inland, not to the riviera itself.

For example, if you're in a coastal area and running projections on an inland house it could be using waterfront properties as comps, and obviously there's a big difference in what people will pay for that.

Here are the books I suggest to real estate investors:Multifamily Millions by Dave LindahlThe ABCs of Real Estate Investing by Ken McElroyThe Complete Guide to Buying and Selling Apartment Buildings by Steve BergesCommercial Real Estate Investing by Dolf De RoosTrump: The Best Real Estate Advice I Ever Received by Donald TrumpTax Free Wealth by Tom WheelwrightCommercial Real Estate 101: How Small Investors Can Get Started and Make It Big by David LindahlRaising Private Capital: Building Your Real Estate Empire Using Other People’s Money by Matt FairclothThe Definitive Guide to Apartment Marketing by Josh GrilloInvesting in Apartment Building by Matthew MartinezCrushing It in Apartments and Commercial Real Estate by Brian H MurrayThe 7 Secrets to Successful Apartment Leasing by Eric Cumley2 Years to a Million in Real Estate by Matthew MartinezBurn Zones: Playing Life’s Bad Hands by Jorge NewberyCommercial Mortgages 101: Everything You Need to Know to Create a Winning Loan Request by Michael ReinhardIt’s a Whole New Business!

You'll never be a local but it helps to have a little more insight than a spreadsheet and a weekend trip can get you.While it isn't based in empirical fact I always see the same cities come up over and over and over again.