Consider starting small with house hacking a duplex or triplex, and use tools like the BiggerPockets Rental Property Calculator to analyze deals.Good luck!

Sit back , let him build the house , and when its done , say " Thanks " You should check with a local land attorney and see what your options are 

Start small with strategies like house hacking, leveraging your hands-on skills for value-add properties, and building a strong team or network to reduce risks.

For context, I'm based in the SF Bay Area in CA and looking into buying my first OOS rental after house hacking locally for 10 years.

For example, at the start, do you confirm if all persons in the house are aware of your presence, and do you ask if it is OK for you to open bedroom, bathroom and closet doors?

@Samuel Coronado - the challenge is that there will likely be a very small number of renters looking for a house that size, as well as that can afford a rent amount that high who won't just buy otherwise. 

Wow, what a rollercoaster 2024 was for the housing market.

So we are familiar with the north GA, western NC area.My wife's aunt and uncle are selling their house in Franklin, NC.

Since we are considering a 4 bedroom house, let's compare it to a 2 bedroom 2 bath duplex each side.  

Many successful investors started small, such as with house hacking or buying affordable properties to rent out.