Even if you plan of holding the property - your tenants will appreciate especially if you get into a landlord/tenant dispute. 

Even if you're paying cash for the rehab, I'm still coming up with PITI in the $3,100 range. 

Raw land is tricky for even experienced agents/brokers to sell.Co-marketing a vacant lot with a builder is not a new concept and is done frequently.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

I talk about Croatia and how far it’s come since we bought three years ago and how I love it more each year.If you are even semi interested in this idea too, I would love to have a chat with you and see if it is for you! 

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

Not sure how it works but if you can also get health benefits for your retirement then that will be even better as that is also something you will not get as an agent. 

In that case, your $500k house may get you $75k or even $100k revenue, because you actually turned it into a $750k house.

If you want to check out a pretty cool interactive map that shows tax data for every state, and even county, check this out from SparkRentalhttps://sparkrental.com/states-with-the-lowest-property-taxe...