I paid close to asking price, but it was the perfect property for us and we were tired of looking at the same old same basic ranch homes in fair neighborhoods.

If there are even Cash Buyers for this kind of deal.So the basics of this deal are the following:The property is in Fallbrook, CA; in the Morro Hills Community.The property is 13 acres large, right in the middle of a "high end" single-family residential area; whose properties average between the 950k-1.2M pricetag(Each property is just about 2-3 acres large with these prices).

@Sarah Albert Believe it or not, I  basically use credit cards for my emergency repairs.

You’ll basically be set.

After all that is the basic reason for me creating this post; to hear from professionals that could help me understand and survey my options.

I have experience building sites, Wordpress, the basics.

But the basic idea is, what are you paying for electricity for both units?

You are basically estimating future cash flow at higher financing terms.

Basically pick cities that are seeing population growth and job growth.

I've been doing my research on REI for many months now and finally feel I have reached the point where I can ask thoughtful questions and maybe answer basic questions on BP.