@Zev Jankovic made a good point that "scarcity doesn't necessarily mean it's valuable".

They also provide guidance on entity selection, tax strategies, and long-term planning, which can save you money and trouble in the long run.

Thank you for taking the time out of your day to respond to my post and offer guidance and direction.

I'm particularly interested in insights from fellow investors or realtors who might have valuable information or experiences to share. 

Both of these challenges can often be minimized with the right team and guidance from an experienced investor.As @Jay Hinrichs mentioned, appreciation is the main driver of wealth in real estate.

I am looking for any guidance from experienced investors and professionals.

This way, you might mitigate some risks and get guidance for your first rehab.Single-Family Investment for Cash Flow: Starting with a single-family property in a stable, affordable market might align well with your goals.

If it's going to be more than that, make sure you have everything well documented because she will likely make your life hell over that money. thank you for your valuable comment. 

Combining this with tours or small events can add extra income.Lease Mineral or Water Rights: Depending on the area, leasing mineral or water rights can be a potential income stream if there are valuable natural resources under the land.

This is very valuable information.