The first one is always a learning experience but it sounds like you're figuring it out pretty quick.

Any sort of shortcut is not to replace a proper analysis and thorough due diligence, but if you're analyzing a ton of deals, a quick a shortcut may be helpful to determine if a deep analysis is warranted.

@Jim Growfer think it's okay to use the 50% rule to quickly gauge NOI and determine if a project is worth deeper analysis. 7% interest is high and yes, that would be a bad deal if you only netted $10k on a $2 million purchase.

Appreciate you quickly providing insights.

I’m encouraged to read your post as it looks like you’ve set yourself some worthwhile goals. 

They encouraged me to buy some mineral rights, if I could find some.

Im mainly just looking for a filter so I can quickly differentiate a good deal that is worth looking more into vs a trash deal not worth deeply analyzing .

Attempt a quick sale.

You want to keep them somewhere they are liquid - meaning you can get them quickly if you need to get them back.

I can't offer installation services but I can save you money on the design and provide you with the quality services you want with a quick turn around.I'm sure local landscape installation and maintenance companies would be happy to help with the installation.