No wonder they are willing to accept such small returns.This was just two of many examples shown in the book where I felt the return they were suggesting were just too small to make any investments worth while.

@Ethan JacksonIF you can find a MFR, not in a war zone that will actually provide a decent enough return to make house hacking worthwhile, jump on it.

But if this buyer falls through, I would agree that MLS is the way to go but I can't find any brokers that will touch this project because 1) the $10K price is too low for a broker to make any worthwhile commissions in this hot market 2) the land doesn't have an address and will be very difficult to develop 3) it's in a small town away from where all the real estate offices are.If you have any advice on getting it onto MLS without a broker let me know!

It can be some work, but it can be worthwhile to get the best rates and terms.

Are the time and money worthwhile investments to become a real estate agent or should I focus on real estate investing?

I guess this is where the 50% rule can give a quick reality check and that ends up about $145 cash flow, but the low cost of entry gives it some credibility.As it stands this looks to be a mediocre deal that needs massaging to make it a worthwhile deal.

Your duplex is much newer and you probably live nearby so it may be worth while, and it looks like you're getting financing, which will help with the cash on cash numbers.

You have to learn how to analyze deals to know where there's enough profit in a deal to make it a worthwhile fix and flip.

Normally I wouldn't recommend doing that, but if you can get to where you are not paying PMI, that is a worthwhile goal that would save you a good bit over time.

@Daniel F. this leads me to you--would you still consider it worthwhile profiting $300/month on a 30-year conventional loan?