Using the mid-point of 8.82%, that would imply a value of approximately $515,031.

.$398 TCL 65" Class Q 4k QLED Google TV - https://www.walmart.com/ip/TCL-65-Class-Q-Class-4K-QLED-HDR-...This, I consider, as a upper mid grade TV.

In mid city south, rooms rent for $600-$750/month.

Many people also rent out mid term or short term to increase their cash flow and rent by the room or unit if you buy a multi unit property.

Remember that now, mid-term rentals cater to much more than travel nurses and hospital personnel.

Area, tenant use, tenant credit (i.e. only Moody's BBB or better guarantor credit).There are a lot that can vary in NNN, just like any other real estate.You have market risks: FL has another hurricane coming, CA has earthquakes and wild fires, the midwest has anemic population growth.You have some location risk: is building on hard corner with signalized access or buried mid-block with no turn lane?  

Kathy Hey Kathy, the 1% rule can be found in mid-west cities.

Nearby new build 3/2 SFRs start in the mid-200's, and there's a lot under construction.

Quote from @Isuf Aruci: i live in the NY area and would love to build a house or a mid apartment building. but the land search is very very difficult. also lets say i found the land, where would i get information and see if its buildable, also how do you calculate a land to see if its worth building or not.   

Then, with that in mind, determine your mid and short term goals.