There are very, very, very few investors who start at a young age and make it in this game, and this is why.

As you mentioned you might find there is a lot of junk and garbage data behind what is already listsource and you would be actually working less efficient.

You mention some big expenses coming up soon so maybe you should focus on saving up for those.

I really wish I would have traveled more when I was your age. 

@Connor Burke just based on my quick look 1) all I can see is the outside pic you posted in the calculator, but based on the age of the house from that pic and the description mentioning needing a "little TLC" $8k may be low for repairs, 2) if it were me I'd up the vacancy to at least 8% since 8.33% each month would give you a month's rent set aside each year (1/12), 3) again, I don't know the age/condition of the house but my guess would be 7% CapX is a bit low, I'd up it to 10%.Not being familiar with the area, I won't comment on the assumed ARV, rent, water/sewer, or property taxes you used.

@Raeline Scott The first thing I would do is evaluate the demand for these lots and compare them to other lots in the area. 1) You mentioned the lots are on a mountain, Is this a resort mountain area?

But RE tends to be slow to sell and difficult to value because comps are never very similar.As I mentioned, our initial inclination was to sell it, but I'm very averse to the capital gains tax we'd have to pay on it.

Based on your age( your picture :)), right now, you can just get an SMLLC and transfer rentals into them if you are concerned about the liability.

I read about it a bit more on the freddiemac site and it mentions that I can't have an ownership interest in any other residential property.

She did however buy her first house in Maplewood at the ripe old age of 29. ( ---- takes off bragging suit ---- )I can't invest too much in my area.