I believe that this approach minimizes downside by exploring the numerous currently for sale opportunities with assumable mortgages.

We figured the septic permit from the county would be sufficient - but turns out our foundation quote/budget was way too low due to soft soil.We're trying to figure out if we can get the land under another type of financial instrument and continue with the RV plans without putting a home on the property. 

The photo is of our current AUM.

Currently, my focus is on wholesaling, house hacking, and single-family rentals as well as trying to learn as much information as I possibly can.

I see that you are currently signed up to a Pro monthly membership.If you'd like to upgrade to annual membership to get the free landlord forms, you can upgrade to Pro annual here https://www.biggerpockets.com/settings/subscriptions.

I believe it- the market has absolutely exploded thanks to anticipation over Micron, but still has an overall low barrier to entry.

If you are currently in a large city and plan to stay there then you have more options, but if you are not sure where you are going to land then you might want to get ready and be prepared but wait until you get settled into that first good job so you don't need to move out of your new triplex 6 months in.

Currently my husband's parents own the property but need to sell due to declining health. 

A few factors are drawing me to them but would love some insight from those currently in those markets. 

But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.