Quote from @Austin Prewett: The land comes with the house, so you're looking at the value of the entire property.The only reason to consider the land separately is if you plan to tear down and build on the land, but even then you are considering what the final value will be with a home built on it.

1) Communicating with property mangers on tenant issues, vacancies, etc. 2) Listening to/Attending Webinars regarding real estate investing3) Driving for dollars4) Searching MLS and online for on-market deals5) Working on the business's social media accounts 6) Posting and reading through real estate forums (Such as this one) for real estate purposes (finding deals, educational purposes, etc.)

I'm looking to build on .44 acres in Wilmington NC.

@Bryson Williams look up the rules for your state, in Virginia, if you own the property you can pull your own building permits and do your own work, this includes the mechanicals .

Trying to build out that dream team of contractors and subs as well.A mentor would also be super helpful, but like I said, still building out that network.As far as my personal situation, I have a good credit score, a decent amount of savings (200k cash) and a little more than that in investment accounts along with some equity in my current home, a mortgage, and car payments.Any advice would be greatly appreciated.

Could be they were on big lots and more pool house type or who knows.You might also have better luck if you are leaving the garage for use, and building the apartment on top of the garage.Let us know if you have success and the war stories.

Looking forward to connecting and building a trustworthy team of broker, lenders, property managers and contractors!

My land is also buildable and I have plans from an architect for a 3 bd/2 ba home which would cost 300k to build (it's in CA) and is in an excellent STR location...but I'd need a construction loan to build it.

If you need help with construction design, build, management of property I’m here to help.

How you build out your STR will provide the most margin of safety in the majority of markets.