I’m curious to know—how do you approach your market research?

So far so good.I do feel like you attract more tenants by offering the W/D. 

In my experience, you can purchase the existing home and the encroachment is grandfathered in, meaning the vacant lot owner can't force you to move it.

@Kevin Hilton not sure which market you're looking at for your next purchase, but I have a lending partner who can do investment deals (including non-warrantable condotels) with just 15% down if it helps. 

Good luck with your new venture.Here for any questions you have regarding REI bookkeeping.That's what we do!

if your doing a senior project I would suspect your best and most cost effective landing solution is going to be a local community bank that loves real estate.. in my experience most will want 50% down on the dirt and a ton of experience and a really strong balance sheet.Myself I always pay cash for the dirt this makes finding a lending partner much easier.

It's a thought of mine as well, basically following my mentors model. 

Before doing anything get tax and legal guidance

Have you thought about what kind of investing you want to do? 

TIAI personally don't like the receipt scanning apps because I think they are overkill and they only account for half the record keeping you need to do.