@David Holt forgot one more thing...WiFi...get a good modem and wifi router that you have remote access into.

I've never heard of a scenario where a tenant could even remotely violate housing regulation.

@Jorge Siverio The main things taken into account are the number of beds/baths, age of the home, lot type, and square footage, in addition to any additional smaller features the home may present.

As I was early in my career, I ended up selling two years after purchase because I moved out of state, and did not understand (at the time) how to manage investment real estate remotely.

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Here's how you can calculate the asking price for the land:Estimate the value of the newly constructed home: This can be done by looking at comparable properties in the area and considering factors such as size, features, and market demand.Calculate the development cost: This will include expenses such as materials, labor, and any necessary permits or fees.Subtract the development cost from the estimated value of the home: This will give you the land value, which can then be used to determine the asking price for the land.For example:Estimated value of the newly constructed home: $500,000Development cost: $100,000Asking price for the land: $500,000 - $100,000 = $400,000I hope this helps!

But treat them with respect especially if you're managing remotely!

So, how do I feature that in the BRRRR calculator?

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

@Alexis RobinsonYou can find a bunch to chose from that work with investors remotely.