To qualify for active status on short-term rentals for tax purposes , you need to meet the IRS’s material participation requirements.

Most land buyers who are developers usually stick to a very predefined region within their local market and they hunt and wait for killer deals and market swings to get the land they want for the very specific purpose they want.

The $200k financing would serve as a purpose to be a downpayment, or do you want the $200k to be the top limit of the investment?

A realtor who understands the numbers can help analyze the property’s projected cash flow and ROI, plus they might know local leads from probate attorneys or even “drive for dollars” efforts that can reveal off market gems.

I wrote the above for informational purposes.

I can envision that the numbers on these luxury homes would lead to to a long lag time...but hopefully I'm wrong. 

The ads probably relate to a well known GURU on YouTube who convinces people to spend $12,000 to join his "community" and to send him leads.

The expansion of ADUs hence serves a dual purpose, simultaneously addressing housing affordability concerns and nurturing the urban economic vitality.As far as sewer and water, they would be pulled off the main in the back of the property.

Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.

@Elizabeth Leb Every dollar of that $20k needs a purpose.