Be sure to read through The Ultimate Beginner's Guide to Real Estate Investing to help you get started.Have you read this post yet?

I'm currently in research stage, but ultimately would like to purchase and rent.

Profits you make when you sell will ultimately be taxed at your then current ordinary income rate when you start taking distributions.

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

Turnover is a killer so I want them to be able to survive.

I read The Real Estate Agent’s Ultimate Guide to Working with Investors and saw an opportunity, so I got my brokers license.

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What is your ultimate goal?

So, ultimately the value of this land depends on the commercial application.

I learned that I had to let go of that structure, if I wanted to survive as a real estate investor, because I had to be able to spin on a dime and change my exit strategy, if needed.