For almost $100k a lot you want a pretty high NOI to make sense of it, like over $300k IMO I agree.

Is that 450-600k equity over and above a 70% LTV?

If you can get over $2500 per month in Jacksonville on a 300K property, good luck, but if you can, that loan is out there. 

I couldn't afford the entire payment at the time and I had to use their creative financing to split it out over six payments per month.

Appreciation should be HUGE for this property over time.

I had a distinct advantage over my competition who had to do their own courthouse searchs.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

luxury cabin, 3100', 4/3/1, nice finishes including spa and sauna, in high fire risk area with total property value ~$500k with CA FAIR was just over $5K fire only. 

I would love to discuss real estate with like minded people over coffee, dinner or virtually 

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.