Hello Jovan, I would think appreciation is based on scarcity of the property, if you buy a home in a cookie cutter neighborhood, you probably aren't going to see a lot of appreciation. 

Just do your due diligence on your area prior to buying.  

They seem like decent and nice people!

But, I remember many people telling me to invest in Nashville and I never did. 

Why do so many people try to time the market?

You can probably get a construction loan to build on it, but just to buy without an immediate building plan on just to speculate that land prices will go up, unlikely, as there's no income stream. 

Investment Info:Single-family residence buy & hold investment.

what about all the costs it took to buy and put into service?

I found there's not too much people talking about this idea here so I want to open this topic.

Once you finish the rehab, you can then refinance using a DSCR loan.Do you have enough funds saved up to start buying properties or do you need to refinance your current rental?