Hello Teck,The numbers could potentially work depending largely on your expenses to demolish and construct.

Read books, watch youtube, listen to podcasts, attend open houses, comb through zillow to learn about your local market.Successful RE investing depends on you knowing more than the broad market and being able to find market inefficiencies.

Depending on your set-up you can generate power through solar or wind which you cannot do with gas.6.

I have done MTR through Airbnb myself and had success with it but I know others who have mostly advertised month-to-month on Fb Marketplace or the MLS for a 4-6 month lease, depending their strategy in the off-season.

Great views, great locations, water features, great cell or internet (big deal), electric/water, upgrade with fruit trees and ponds, huge trees, garbage dumps you can build a different road around, etc.  

It has surprised me how many people will come to a forum to ask strangers on the internet legal questions, rather than pay for an hour with an attorney.

This all depends on the numbers and I suggest a tax advisor.

Depending on where you are looking to buy location can help increase cash flow. 

@Matt Waggoner depends on the target pool of tenants your properties will attract.First, what you wrote doesn't violate Fair Housing, so you're legally fine (check with an attorney though).OPINIONOur company is in its 24th year and some of your requirements wouldn't work for us.1) Many 600 credit score tenants won't be able to find the info for 5 years of landlords.

It will really depend on your goals and risk tolerance.