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Here's what I planned to do to figure out what this land can be used for:Contact the county to see their thoughts on whether the property will perkHave a perk test doneHave the timber analyzed by a logger to delineate income (if log-able)Figure out (before logging) if it will still perk after it's loggedFind a mini storage builder and work with them to see if it is suitable for oneAny thoughts are greatly appreciated.

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I would analyze a property (deal), see which exit strategy gives you more of what you're looking for and run with it

Thank you for responding and giving me insight into what I need to do to make myself better at analyzing deals.

@Jonathan Klemm - For my clients, we pre-analyze deals for them on the north side of Chicago. 

TBD

This is not including the property appreciation, just the cash flow would have been far above the average city if analyzing for 20 years (I am confident that it would have been better than any of the traditional zero appreciation Midwest markets). 

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*This link comes directly from our calculators, based on information input by the member who posted.HEY YALL, I AM GOING TO VENTURE OUT TO DO THIS REHAB THIS IS JUST BALLPARK NUMBER, AM I...

Deal Numbers:Property as-is worth ~415kPurchasing for 360kTaking 295k 1st position loan "subject to"Seller is financing 30k in 2nd position Downpayment of 35k at closing Here's the sticking point - I've analyzed this as a AirBnb/VRBO rental and based on past rents in peak season, the property gets $300-$350/night.