Ensure that they (builder) retains zero ownership of the land and have no tax liens, mechanics liens, etc.

They want to ensure you have serious skin in the game, which will help them sleep comfortably, knowing you most likely wont walk away.Maybe to get started, you might consider becoming a wholesaler.  

If  you want to stay fairly close to home, I would look at Duluth, St.

@Rachael Britton You do not need a realtor to submit an offer for a property, but if you are dealing with the Seller's Agent directly, understand that unless/until their status changes to Transaction Broker, they will continue to be the Seller's Agent, meaning they are only working in the Seller's best interest and owe you basically nothing besides fair and honest treatment.

If you renovate an apartment that looks fairly modern with inexpensive materials you should be able to manage decent rental income.

So I am fairly new to this and currently only have 1 rental house.

Currently he has gone through and done a deep cleaning of the unit himself and we are having a certified professional through Service Master to do a free assessment to ensure there are no other bacterial issues to be concerned about.

Were they all fairly in the same ballpark or was there a big difference?

And if you’re anticipating any losses from your rental property you will probably want to ensure you meet the exceptions to be able to deduct them.

For me it's a way to build wealth, passive income and ensure I leave something around for retirement and my family.I love starting businesses and working for myself.