The lot is 3x the size of the other option and the home has very high potential for value add.

We highly recommend though, having a local expert that you can run addresses by, to confirm the target property in on a good block before signing a purchase contract.

Some believe in cash flow later down the road by buying class A/B in high appreciation areas.

One idea that I have been pondering is buying a plot of land in a relatively good location with high odds of appreciation then placing a prefab house on top of it.

Can highly recommend them. 

Advertises downpayment assistance through crowdfunding.Coastal1, RICoastal Federal Bank of NCConsolidated CCU, high LTV NOO LOC, OR, WACommunity Credit Union Will do HELOC on a rental in Florida.Connexus Credit Union, PACredit Union West, AZ 80% LTVEast West Bank, up to 60% LTV with "no docs” CA, WA, NV, GA, NY, TX and MA.

When you pull their credit, go through each item and check to see if they continually have high credit card debt, if they have any 30, 60, or 90-day late payments, ensure they don’t have any judgments or collection items, and see if they have any large payments that will hinder their ability to pay rent.

That’s $30,000 over the five-year hold.Just for kicks, notice the same value invested in a “high” interest savings account (earning 1%) over five years would earn a measly $5,000.That’s a difference of $25,000 over the span of 5 years!

I highly recommend Pam Whitworth

Greenbridge Property Management would be highly recommended.