I plan to put down $50,000 and expect to net about $300 a month from it.Does anyone have other options or advice that I should consider?

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

I’m 17 and plan on getting my real estate license right after I graduate high school.

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

Prioritize properties with rental potential, plan for reserves and tenant strategies, and stay patient as you network and learn.

You need to work with a property manager that has experience with this, unless you plan on doing it yourself.

- You can buy using FHA 203(k) loan which allows you to finance repairs into the purchase mortgage.If you find you like being a landlord, you can BRRRR a property every year.You can also start BRRRing rentals w/o planning to live in them.

I would probably work with an attorney in North Carolina (or wherever you live) to do some estate planning since you do have young kids.

I've already been hearing about all the communities and mini cities that they are planning on opening around it as well.

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