In your case the soil type and how common foundation problems are will make a big difference. 

We have just started our search in Masthope (Big Bear). 

There are two parts of BRRRR that have very little to do with mathematics, nothing to do with bankers and agents, and require intimate involvement with the property.Renovation: with or without the help of a general contractor, actual people have to fix actual problems with an actual structure within an actual budget.Renting: after the property is renovated, with or without the help of a property manager, tenants have to be placed and the property has to be successfully and profitably run over the long haul.These two things in the real world bear very little resemblance to crushing it in FarmVille.

yes, steel cutters and welders are a special trade but the structure can arrive pre-built and potentially just sit on concrete pier foundations if the soil and zoning allows.   

Checking with the departments one by one for each land listing that looks promising seems very inefficient.Regarding costs, i hear build costs of containers vs stick built being similar, but I had wondered if that is taking all aspects into consideration like build time, foundation and site prep requirements, etc. yes, steel cutters and welders are a special trade but the structure can arrive pre-built and potentially just sit on concrete pier foundations if the soil and zoning allows.

@John Baker I don't see anything for permits, which is fine but can be a bear if you get a Stop Work order.

This is a much different situation than purchasing properties outright because you bear the full risk of their performance after the purchase.

Account Closed  I understand the idea, but whatever minimal transaction fees there might be are probably less than the complexity you are adding in valuing an asset and reporting it for rent instead of USD payment. 

$45,000 sounds about right just for raising and block foundation  Other major costs to considerstructural engineer and soil bore test to determine if you can use block or have to use helical pilingsdemo and rebuild/raise of deckshow you will update the siding disconnect/reconnect utils

My family owns a secluded private "apartment" (3 bed, 2 bath, 1900 Sq.Ft.) on a private lake, sitting on a 40 acre parcel in the middle of a forest with plenty of room to hike, fish, kayak, relax in the sun, or cozy up in the rain, or even visit the nearby public lands, the next parcel over, for deer, bear or turkey hunting.