@Jaedon Stout Getting into real estate is not for the faint of heart.

There are obviously a lot of variables that come into play.I'm looking at developing a small 2 acre property that has already been engineered for septic and platted for 8 mobile homes. 2 MH are already on site with all utilities present, but for the 6 MH remaining that I want to put on site, the land still has to be developed.

"Diving into real estate as a newbie—ready to learn, connect, and turn knowledge into deals.

Hello,
Little background I’ve been buying and selling since for 15 years. Spent a couple years as an LO. Been looking to expand resources from just wholesellers. After speaking with some agents I’m a little confused....

I leveraged my owned land to build my personal home.

I sent my first builder deposit for a home in Lehigh acres Florida in Sept of 2022 and the land is still vacant.  

Neither your idea nor turnkey real estate is bad. 

@Pranav PatelStarting your real estate journey with $50K saved and a strong income ahead is a fantastic position to be in.

Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.

I suggest buying real estate inside of and outside of your IRA or better yet qualify for a Solo 401k then you don't have to worry about UBIT on leveraged real estate.