Oh look, you get to deduct your cell phone, your internet, your tax prep, all kinds of other things regular people don’t. 

Not exactly sure about the legal details, but initial overview of the system seems to suggest this kills quite a few birds with one stone.  

The KISS System if you will.

For example, one municipality local to me requires a sewer inspection because some houses still have gutter downspouts tied into the sewer system which is improper.

This is why I stress the importance of knowing the laws and the strength of the legal system before investing in a particular market.

And you're right about avoiding weekly travel—sound systems can save you time and stress!

Create systems and processes right off the bat.

With the income issue, there are screening systems available that verify income by having applicants securely log in to their payroll provider, which then shares their gross and net income with you.

So it takes comprehensive knowledge of the market trends, zoning laws, the local municipalities approval process, survey cost, subsoil conditions, irrigation requirements, development cost, utilities (gas, power and internet), city water or well water, city sewer or POSW to name just a few...A builder developed the farm field next to our SD, bought it for $1.5M and wanted to build 25 homes as a conservancy subdivision.

@James Masotti I have an incredible robust Podio system that integrates with Basecamp and other project management software systems.