Essentially the home will be adjusted to sit on a 5 acre parcel for selling, we then will condition any sale to include a requirement to reconvey 2.7 acres back to us and they will own 2.3 acres with both structures.As a bonus on this we plan to offer owner financing at slightly lower interest rates to provide an easier path to a partial release when the time comes.

There are quite a few folks here in Maine with a ton of experience, and there are several folks that I have reached out to individually and they have always responded with a generous spirit! 

I've hooked up and hung out with several successful local investors who have generously taught me *a lot*. 

The "status" and or credibility was a bonus.

A bonus is the final four at the end.

I must say, though, the generous & encouraging atmosphere here on BP is boosting my confidence.  

Lesson learned: Do not rely on depreciation, treat it as a bonus.

I pay them generously for their time and yes, I guess someone living in the area will make more profit on a deal, but I'm quite happy with our outcomes 😊Reach out if I can help at allCheersLindsay

probably not as thats no where near the 1% rule and probably not that good of an investment...So your numbers are right no worries there but that property with those numbers not so greatalso never buy a house cash flowing negative hoping to reverse it or banking on appreciation (that should be a sweet bonus but not your main goal) Your probably not looking in an area thats strong enough to make investments in (probably really really good neigbourhood or something like that)Goodluck hope you find something

Make your offer contingent on your inspection and on you obtaining financing, and give yourself a fairly generous inspection period (15 days is recommended by most).That way if you or your potential buyers go over the house and decide it's not a good deal, you can back out saying it didn't pass your inspection...