I am in need of 80K to close on property in 30 days, vacant land.

You will need to build a team for out of state and the closer to CA the better because of the travel time and as a college student you might not get 3 days to meet a contractor in the Midwest.

Key things to agree to The interest rateamortizing or interest only loanLength of loanLength of amortization (does not have to be the same as length of loan if there is a balloon payment)When are payments due; monthly, quarterly, annually at the end of the loan etc.Are there any upfront points to be paid and other misc terms like late fees.Then have an attoney create a Note and a Mortgage (or deed of trust depensing on the state)

2 - Right now, with you that profit buried in this property, if you sold, could that same profit now used as a down payment, buy you a larger property value? 

I made an offer on a duplex, it's been on market for about 10 days.

Hey guys,I'm down in Boquete, Panama for a few days exploring investment opportunities.

Do the same with water but showing higher amounts in the higher consumption months.Be sure to check your lease for what you're allowed to do with any changes to utilities. 

How many days is the standard?

I'm an investor and I'm looking for the best possible risk-adjusted returns so you and other readers might have the same objectives.I'm only interested in STRs for maximum profitability and because the other strategies generally aren't worth it.

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.