You will have no control on the passive side, which is fine, if they are amazing operators with 20-30 year history of consistent returns.

The land is located in north eastern Indiana.

And I figured I'd start a live Blog/Forum to document my epic triumph or defeat; though I'm pulling for the former.The History:  My REI journey started out while I was "road warrior", and I stumbled across this crazy dude on the AM station talking about living debt free. 

Also, the title history on this property is a bit fishy, so, I'm paying for the title search ahead of time.

Is it speculation if the area has a long history of appreciation?

So many factors can affect a parcel's value including topography, soil quality, zoning, history, utility access, road access, shape, etc.

Hi,I am purchasing rentals in Spokane Washington at the moment.  I am just getting started and I wondered in anyone can recommend a good contractor that works in the East Spokane area.  The houses I'm looking at need ...

Also the addition with no permit history is a huge red flag.

The reason we bought those was because it was one of the best buying sessions in history.. and lending was frozen by and large..  

I know they usually go off the lower score/ person with a more volotile credit history, but I have a 720+ fico.