I would think in deed states, normally takes way more money to play up front.All this is pretty much just a guess. 

I have about 25000 saved up and I'm living at home for free how much of that should I spend on a property or save.How does someone truly manage a property "effectively" from a distance?

However, I would definitely need hard money in order to make that work.

Maybe refinance in a few years and buy your first investment using the money you’re going to get out of refinancing?

I also know they won't take the property down and list it on the MLS since they are trying to run business without using any money. 

We have 70k which was enough for intial loan it was 5% down but lm not so sure with the land only because deposit is that.Intial loan we made no paymts until it was done, this one we have pymts right away and will need to now save for septic, water hookup.We thought we could make apt after utilities are in, in the garage for now and at a later time get a manufactured home.We both arent sure what to do. 

(I bought it 3 years ago)I'm trying to see how long in the future I will need to do another gut renovation, so I can start saving up some money toward it.Things are in pretty good shape.

Purchase price: $440,000 Sale price: $675,000 Purchased with 5/5 ARM, no money down and walked away from closing with $4,800 in pocket.

I'm 18 and don't have access to a ton of money (30k).

The only thing I can do to help justify it is that now with income in the highest tax bracket, I am saving 37% on any depreciation I can get.Will someone either wake me up to my new found delusions or encourage me that I am still on the right track.