If you are comfortable going through the building process and have a builder that you trust you would probably get the best return by building on the lot and then selling and deploying that equity that you have now built into another asset via a 1031 exchange.

interesting to see, a bit different but any market has development that works. we do a similar strategy for new construction but it's based on land location and identification rezoning zones that are ideal for high density in columbus oh, and a product that does very well which we do a triplex on a slab. all the same. 50k for a lot, 300k hard cost build for a stacked 2/1 triplex about 650 sq ft per unit, appraises for $500k approx when done, total return of capital within 12 months (Build, rent, refinance, repeat), and then redo the same process. it's harder to do it in some areas but in columbus we mostly do it in the urban core where density is typically supported because of the abundance of multifamily already. 

Hello all, I am reading on the real estate investing process and i plan to buy my first property with an FHA loan, however, as i am no one with any experience on rehabbing i have this concern of pricing.So when i find a property and get to the inspection part, i understand they find issues with the house, some which can be minor and others major.

I had to generate 100's of leads in order to eventually find a good property that will work.Figure out a process/system that will allow you to generate leads like a machine.

In an attempt to simplify explaining the process, so it can be understood, I am leaving out details that I cover in other posts and in training.

While most medical professionals are good about planning for the future, the nature of how contracts get filled and where that takes the traveler often happen last minute. 

For the guest it is easy- no need to fill out an application, pay for a credit check.   

@Chris Seveney Are you guys servicing the loans yourself, or do you have a vendor that supports this process? 

To identify demand hotspots for vacation rentals, we will use a two-step process: First, we will plot on a map all of the Airbnb listings on the island.Then, we will remove listings from this map that have received fewer than 30 reviews in the previous 12 months.Thirty reviews—why?

I definitely have some adjustments to make to my team and my processes for it to really turn into a worthwhile investment property.