What most people do is let the tenant move in when the unit is ready. 

At 20 with no money, I'd focus o.n your education and save what you can so when you're in a position to take action you're ready

I guess my question is whether we'd sign the ground lease agreement after we get land use approvals and the site is pad ready or prior to getting land use approvals etc.?

Maybe change the meaning of the fourth "R" to "Replenish" since you are getting your money ready for your next acquisition.

Once I get the deal I want and have it rental ready, how do I make sure to keep my unit occupied and minimize vacancy or is that just something that comes with the territory.

I have only ready great things about Bigger Pockets and from all my lurking it has all proven to be true. 

He said he would take it on for a fee so I was happy to this portion of the project off my plate.1400 – Preliminary Short Platting Services2250 – Boundary and Topo1965 – Preliminary Short Plat Map7,865 – Ready for preliminary short plat submittal 350 – Tite Report, Mailings, etc.4950 – Spokane County Preliminary Short Plat Fees950 – Spokane county Regional Health (may not need until final SP)6,250.00 – Fees needed to submit preliminary short plat 2250 – Geotech (needed for design, held 2250 for construction inspection)11550 – Site Design (held 1000 out for construction observation)13,800.00 – Fees to develop design and construction drawings Remainder for inspection, certification, and final platting.

All the money you spend before the property is rent-ready adds to the basis for the property and must be depreciated. 

Hello BP family! My name is Tye Foster currently living in Utah. I am new to real estate but I am extremely excited to start the journey to become a successful real estate investor. My good friend (who has some experi...

I also will use this time to keep saving what I can for when I am ready to buy a house.