Congrats - love the design

I want to continue to invest in the property especially after getting back the inspection report which had a little more work than expected but I can roll with the ball!

Love that you're thinking of using the BRRRR strategy.

Here are some ideas to make raw land pay for itself:RV or Tiny Home Rentals: Set up RV hookups or tiny homes for short-term rentals.

And, Alabama has the second lowest propertey taxes in the nation behind Hawaii.

Now if try tailing the entity on deed "up-stream" come to find it's a meandering trail of breadcrumbs, come to find they themselves are debt loaded via notes on properties to other entity, that again is a meandering trail ending in WY entity behind a wall of ownership interest in such so never get peoples names.  

How did you add value to the deal?

I believe that if you are well versed on a specific market, or have someone who is knowledgeable in that market, you can do a successful BRRRR in another market as the local will likely have everything you need to get set up! 

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

I don’t know much about the Australian market, but your curiosity and drive to learn are inspiring.