I'd recommend looking at costs. your build cost is going to be well over other homes because of the fixed costs like slab, Hvac, roof, etc. check the market drivers and weight the benefits of short term versus long term. long term is no furniture and help pays mortgage but at this size it doesn't really cover everything. we didn't find a lot of economies of scale in single family detached. can you build more than one unit?

is this a long-term play or short term?   

I guess I was in analysis paralysis for a very long time.

As we all know, the standard way BP says to calculate cash flow actually leads investors away form long-term opportunity and leaves a lot of investors on the sidelines because they don't understand IRR and the multi layered dynamics of investing long-term.  

Purchase price: $65,000 Cash invested: $11,000 Our first investment has been a long time coming.

I'm not a property casualty agent (was a long time ago - now just life/health).

I reduced rent by 100 $ last week as well from zillow Zestimate rentI spoke to other new property manager whom I am thinking to switch for long time.

I would plan to long-term rent the property from day one and would never reside in the property before renting.  

It doesn't take long to learn how to spot a good deal.6.

I am excited to get started investing in real estate in out of state Long Term Rentals.Outside of real estate, I enjoy spending time with my kids, as well as mountain biking and other outdoor adventure activities.Excited to learn and connect with you all!