What I do not control is the natural level of rents in any given market at any given time. 

Really cheap to aquire and almost doubles in value after he uses the bobcat to level it out....

@Dave Meyer, while I like the idea of this thread, I think there are a lot of nuances that go along with this.At surface level, I am in 4 syndications, 3 of the 4 are paused.  

I am not really interested in taking the land to any of those levels.The course I mentioned gets into some of the next level.

The following is not to express any level of happiness/unhappiness with build or process. 

At a county level will be an uphill battle imo, but I'm not a local so I'm going off what is out there in the public docs.But really think Black Mountain will be the right place for what we are trying to do.

A local investor will be best equipped to get repairs and renovation done at fair prices, set rents at appropriate levels, and help select qualified tenants.

I have also seen that appreciation kept up at 5% in that part of KS-Wichita being in upper 5s.

It also requires gaining a level of sophistication and knowledge that not everyone has the time, inclination or ability to do.

In fact, in that mastermind group, I connected with a lot of high-level investors and that’s where I got the confidence to start investing in Costa Rica with partners that I met in that mastermind group.Your brother gave me some good advice of how to run a debt fund, which was super helpful.With regards to the lease option model, I feel super comfortable with it and I’ve done enough to see how profitable lease options are and I would say they’re much more profitable, and require a lot less effort once you are used to them, than any other type of real estate I’ve done over the past 15 years.I posted some numbers above that showed the difference of doing a partnership model or a debt model.