Is your ground already hard surfaced?  

The area I'm in is very rural so id have to develop a plot from the ground up and have a lot of up front costs id imagine.

Out of state you will need boots on the ground so building a team is key.  

Hi everyone,I recently finished up a builder mentorship program in Dallas, TX where we built a home (1500 sqft 3bd 2.5ba) from the ground up.

This is where having a great team with boots on the ground here in Memphis makes all the difference.

We have bought through this realtor before.I selected a Buyers broker to represent me, versus working with the Owner/Realtor to buy his ground. 

I recommend not building an ADU from the ground up as it can be costly and you will not get your return on the value-add side.

Assets identified in this study include:Irrigation systemBrick paversLandscapingIn-ground swimming poolPool equipmentPool heaterConcrete equipment pad70.96% of the total depreciable basis was classified as 39-year class life.

We Specialize in Conversions and Ground up Builds with fully Prefabricated Off Site Construction How did you find this deal and how did you negotiate it?

The rent to price ratio's look really good for Texas (as well as compared to national levels) and my models cashflow at 20% down if the rate is at 5% or lower, really at the current rates its more breakeven but there Refi potential over the coming years and there is appreciation upside in my opinion with the new Tom Thumb, HEB, and Target breaking ground this year making Forney a more classic style suburb.