Get some ideas of what you will be able to borrow, and what your cost of capital will be.This will make shopping for deals much more fruitful, and also make your ROI calculations more accurate (since you'll have a clearer idea of how much you'll be paying to the lender).Feel free to contact me directly if you have any more questions.

To set my baseline, for a sale price I need one of two things to be accurate and i'm having issues with both.Area cap rate - I have no way to accurately determine what cap rate should be for my areas.

So, as an agent, we have not one accurate source of information to rely on, but more like three or four sometimes accurate sources that we must go to in order to find, share and show listings.

Once you've done that you can begging to more accurately estimate the overall ARV of the home.

In order to be respected, you need to follow through, deliver, leave plenty of margin for the cash buyer, and make sure you have accurate numbers.

I am here to learn and think accurately and efficiently.

., houses that have been foreclosed on by local tax authorities for lack of paying property taxes. granted, most of these houses are in such a state of disrepair that they probably should be burned down and started over, but buying this way teaches you how to become one hell of a great handyman. start getting your credit in order. you hear a lot about these " credit repair" companies all around. the truth is,  THEY CANNOT DO ANYTHING FOR YOU THAT YOU CANNOT DO FOR YOURSELF. go to annualcreditreport.com and get a free copy of your credit report from all 3 agencies. by law, you are entitled to a free report each year from each company. on annualcreditreport.com, you can dispute every negative thing you see. thats how these credit repair places do it. they go on here and dispute anything that looks negative. by law, the credit agency has to follow up on your dispute to any and all creditors that you dispute. these creditors have 30 days to respond back to the agency as to whether or not this report is accurate. if they fail to answer back in 30 days, then that part of the report is removed from your report, just as if it never existed. hence, your credit score goes up and you become more desirable to  lenders. 

You can also hit Craigslist to see what homes in that area are renting for.For online resources, we find Rentometer.com to be very accurate for most of metro Atlanta.

I would then work with our father to actually build a SFR on the land to eventually sell.I'll learn some more info in the days to come and can then run some accurate numbers but for now, does anyone know about the feasibility of doing something like this?

Its a gamble sure but the historic return on the stock market is 8% a year.