It brings additional sets of EPA headache that you wont want to deal with as a starter.

Hey Dustin,Yes the FDIC and the Banks are dumping off lots cheap as they so no immediate recovery.The problem with lots is the payout is way down the road.Some lots have overassesed tax values and also monthly HOA fees attached.That makes for some serious holding costs attached before the investment performs down the road.In some parts of country if you have a Lake,Mountain,Ocean view etc. you can sell for a mark up and people are still doing ground up custom builds.For regular lots especially in Georgia there is too much inventory of new construction and existing homes that can be bought for much less than replacement costs.There are 300,000 residential foreclosures nationwide listed with another 700,000 owned by banks already not on the market.Permit building is at it's lowest levels since 1984.Another 5 million foreclosure notices nationwide are occuring from failed loan mod's etc.So before new construction can recover the distressed inventory has to be worked through and in my view that is years off at best.If you own multiple lots builders here will buy one from you and put an option contract on the rest to purchase only if they sell the one they build out.If you buy a lot for 1,000 and then holding costs are 3,000 (taxes,hoa) a year and you hold for 3 years you will have 10,000 into that lot.If the value of the lot goes up and sold for say 12,000 you would make a return of 2,000.I have stayed away from lots for this reason as there are other immediate opportunities that generate returns right away.If it has a view or is in a high end community where it is a half acre or larger lot it might make sense.If this is 1/8 acre lots in low end starter subdivisions I don't think the return is there.You can send me what you have and I will take a look. e-mail in sig line

For starters, generally you don't want to hold rentals in corporations.

You should attend it for sure.There are many other courses that are definitely worth the money like Clever Investor but I recommend the above two courses over anything else for a starter.

I was able to get into a tiny 1943 "FHC Minimum Standard A" starter home in Albany as my primary residence and slowly remodel it from 700 square feet to the lot maximum 1500 square feet doing the majority of the work myself.  

I think if you research those for starters you should be able to get a decent amount of information.Alternatively, if you don't want to comb through the forums then listen to the podcasts.

We for starters we can do much better than the hard money numbers you listed.  

starter housing tends to have very thin margins.

I would like to flip it for above market to create some starter cash.Also, are there loans out there I can hire my company to do the work?

The answer most people here will tell you is no you can't, but in my experience locally, you can do a full gut medium rental or starter home retail for around $30/sf.