Investing locally is a good way to get your feet wet and it's a lot more practical than having to take a flight out to see your property.

I was interested in this type of deal because being I am well rounded in construction for me seem to be a good first time investment.

For round numbers, I take out $100,000 and pay interest of $5500 per year and earn $25,000 per year. 

Out of 20, 13 were hit with flooding from 3-5 feet. 

Architects and builders in the area are quoting 2000 per square foot, but I am seeing new construction builds in Martis camp selling for 4 million for 4000 square feet, just wondering why I am being quoted double what other builds are being sold for.

While I am excited to get my feet wet so to speak, I am looking to see what feedback I can get regarding both options from the collective wisdom on these forums.

You want to ensure you get your feet wet on a smaller scale if you do it on your own or find a good partner to "hold your hand" in the first deal.

It's about the stories and networking that happens in the private live zooms, the family night, the daily dials where you can get your feet wet and amazing feedback as you go.

I have a 4/3 3k square feet and it is a constant battle with bottom feeders for bookings, and I have a great place and all 5-star reviews.

As others have mentioned, I recommend starting to attend some local meetups here and there just to start brushing shoulders with other brokers, investors, wholesalers, etc. to really get your feet wet without putting money on the line.