@Valentina Manzati Because financing an investment purchase is going to require at least 15% down, you're going to need to focus on a property that you can call your primary residence, meaning a 1-4 unit home you live in while renting out some of it, or a 1-4 unit home you live in for a year and then convert it to a rental.

Who has dealt with this misfortune anywhere else?

I'm an investor out of SC considering a multifamily deal in Clinton, SC. 

@Blaise Peterson better if she tries it out part-time to determine if she likes it.

Then a traditional rental once you move out, assuming you will rent the whole house.

Hi Conner, this is very common with MTRs.

Since I already own the land and would be interested in building on it, what’s the first step to see if this is even possible?  

Explore out-of-state markets like the Midwest and Southeast, use local property managers, and join online investor groups.

Check on storm sewers, storm ponds, water runoff direction. 

I am trying to do this the right way, so with this post I inquire for advice on getting started.