The most important thing is that you do buy another property and build your empire of properties.

@Thomas TamayHere are my favorite books: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!

Make minor updates to said properties and expand my empire. 10X.

I'm trying to figure out how to calculate a ROI but I need to grasp how much it is going to cost not just in land, but in building, permits, taxes, etc. and how to make it worth my while.

Maybe they are trying to retire from their job in a few years and would like to own a real estate empire.

Inventory remains tight for all of the west coast, more so in coastal than inland.

Run your real estate empire like a business.

This is also part of the nervousness.I have an LLC that everything would flow under and am mostly looking for cash flow and depreciation benefits to continue building my REI empire.

I specialize in land flipping and my main goal is to build passive income via seller financing to replace my income. 

There are pockets of flood zone throughout and you can be 10-12 blocks in-land from the east side and still be in the contiguous flood zone.