The land is in a very non-desirable area pretty much in the middle of no where so I would assume the cost of the land is low but don’t know how the ROI would be after you had the infrastructure up and running.

Cash flow is tight in some markets, so run the numbers carefully before jumping in.Seller Financing or Assumable Loans – Some sellers are open to creative financing, meaning you might be able to put less down or get a better interest rate than today’s market offers.

You can be proud of what you have achieved in a short amount of time, this is really impressive!

If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down. 

Fast forward to the beginning of 2024- we started using Furnished finder and renting out nearly half the house on 30-90 day increments and were fully licensed as a short term rental.  

Many immigrants send their money to another country, which means those dollars don't hit our economy.6.

Are you going full tenant-style background checks or using something lighter for short-term travelers?

It has been running for 22 years.

Here's a short list of things to consider when looking at lower priced properties:What condition is it in?

I always run the numbers as a LTR to be safe. 500k is steep for a duplex but it all depends on what each side will rent for.