That is something that is growing due to the limitations of STR.MTR is something that will help you but you will have to be a bit flexible in the times that you are planning to come in.Management is cheaper than STR, but you have to consider other factors such as close to places where those MTR are in need.

That’s the very simplified version but raising capital is always your biggest limiting factor so the more investors you can connect with the better. 

You can put it all in that until you figure out what to do.One thing you didn't factor in your post is taxes.

Make sure we're accounting for the appreciation, cost of the sale, cost of the purchase and one of my favorite factors, the risk.

Most times landlords don't have data or cannot adequately factor in vacancy time or turnover rate.

FICO, experience, and LTV are also factors but this is the basis of the loan.

2) Maintenance Reserves: So many factors here to consider!

A Loan Advisor from Vystar Credit Union gave me the following information this morning for undeveloped, raw land in Georgia. 15 year term, 20% down, 9.5%Residential land under 15 acres, no structures. 

Good morning,I do have a question that I wanted to get some insight if there are any glaring cons in my thought process/future action.

Well worth the money, plus you will have already factored that expense in to your cash-on-cash requirements to justify a purchase decision)4.