If it doesn't, can you still make the payments?  

that said totally agree with how you do your deals..

On the buy side you can snag deals and have leverage so it helps with buying deals right. 

You want a platform that seamlessly integrates with your CRM and customizable for your business.

If you can find an investment that pays for itself, you won't be so nervous about investing.I also recommend you educate yourself on how to manage well.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.Here is my generic beginner advice.1.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.You need to get a firm grasp on two things: the ways to make money with real estate, and how to find deals that match your goals.P.S.

For a land cost of $150k, how would you think about how much the completed home would need to sell for to make that land cost worth it?

I question how you got here though? 

This can be very expensive and is usually the worst choice because you can't justify the cost.2.