A large lot in question.Specs:* About 4 acres* Zoned Multifamily/Apartments* Highly populated and desired area of the suburbs* Off major road, next to large apartment complex, Townhomes community* The road that takes to the lot is narrow (no through-traffic), and has a dead end.Given that the lot can be purchased (really) cheap, but there is no assistance from the seller and no land research experience on my part, what do I need to do for DD?

The earned income levels are partly why we recently purchased an industrial complex to rent to our major income industrial business.

Yes some of the major cons with S8 is the possibility of bad tenants.

I took a major pay cut switching to real estate but it has got me where I am today.

Real estate markets are carefully monitored by local investors in any market no matter how much of a dump the location may be.Could be a cloudy title (contested ownership), astronomical tax liens, unpaid bills tied to the property, major deferred maintenance, or any number of crazy things going on.Call a reputable company in the region and a full appraisal or two can be done for 2-400.

Monthly cash flow without risk or major maintenance.

You can request an appraisal "review" for major factual errors, but they're routinely ignored.

Some years that will be straight profit to the AC guy as you need nothing done, other years he'll break even with 1 or 2 minor fixes, and some years he may lose out a little as a major doodad goes out.Insurance companies make money by understanding costs, risks, how often things break.

SFRs are more of a crap shoot, IMHO, because a good tenant will produce higher returns while a major expense will really hurt.

I'd like to become a major contributor to the board, it's helped me so very much.