Account Closed , Sounds like a good idea PROVIDED you can build them at the right price.First i would suggest you talk to Drafts man or Architect to figure out the $ cost per sqf in your area. more often then not building from the ground up is more expensive them buying existing building. and the RETURN ON COST including the land, will be much lower.

I did it my own way and did not use a TK provider and now feel like I have a solid team on the ground. 

The laws vary greatly from state to state.Regardless of what area you choose, I can not stress enough the importance of seeing the property with your own eyes or if you are investing remotely, having boots on the ground that knows the area you are targeting. 

Then compare that number to the total income show on the Schedule E.

Your points show you are grounded well. 

I would take both comparables and income valuations (cap rate) into consideration.

Compare your values to the actual values.

I feel the answers to these questions will provide solid ground for any newbie who is thinking "what should my next steps be".1) How much should a new flipper expect to come out of pocket for when doing first couple of flips?

There are ground based solar panels with battery packs available on the market.

Comparing these terms to the best financing I've found through a bank ($320k loan, 5.5% fixed for 10 years then refinance, amortized over 25), with same purchase price and down payment, results in a lower monthly payment by $315/mo, plus my principal balance after 10 years of payments through bank financing would be $240,000, compared to the $180,000 balloon that the seller wants at year 10.