Anything meaningful that is going to eat you alive in capital costs into the future and take away practically all cash flow the turnkey seller on low end properties hardly ever touches.

You could then upgrade to the self-directed format once you actually have funds to meaningfully self-direct.  

These scripts will pull specific data from the source they are coded to extract from.

On top of this I manage several properties while trying to lead  a meaningful family life.  

I'll look into those forums for Single Family and see what value I can extract.

@Carl LeggDo you want a set of docs from a web marketing firm and a pat on the back, or would you prefer access to quality and meaningful support?

With a quality provider of such plans, you will also have access to meaningful guidance with respect to IRS compliance.   

The slope of the land and how much dirt to be moved also comes into play as it can get expensive to level for site work.Additionally inventory levels of similar locations with vacant buildings where developers or tenants can go in cheaper and faster might be competition unless you have one of the best locations in the area.Basically what I am saying is that there is a lot to this and you need a specialist to help if you are trying to extract any additional value out of the property versus it's current use.

I've seen way to many multi family properties just get into that death spiral of a slum lord and horrible tenants and it's just one band aid after another until finally the owner extracts whatever they can and exits.I personally would want to be buying something at a little lower price, perhaps redeveloping, etc.Build value rather than extract value.If the assumptions above mentioned check out and you're happy with those returns I don't see a major hurdle ----  big however though is that you're only outperforming your cost of capital by maybe a percentage point?

Real estate seems to be the best vehicle to financial freedom, and to allow the time for more meaningful work such as volunteering or being more involved in the community.I've reached out to a few local investors to make some connections, but hope to continue to expand that circle.