2) Lets say I stay in the US and do not go abroad, lets say I spend 1K for food, utilities, gas, and have only 1K left...

We’ve made some updates in the house like new roof, new gas furnace, new windows, new kitchen, new bathrooms.We still want to repaint and improve the curb appeal.

Buy gas on each one once a month.

We're definitely weary of the higher expenses, but in San Diego we're always near 4 bucks for a gallon of gas and so many people are being priced out of the state.

@Layne RaterWhat about electric, water & sewer, gas, trash... are they included in the rent?

Here are some techniques I have used to find off-market deals.Driving for DollarsThe only costs incurred when driving for dollars is your time and some gas money.

You want at least a 30% margin above costs and the NOI needs to be enough to pay the debt service after stabilization and then some.If the project looks feasible from a financial standpoint the next step is to check with the city or county planning and zoning department to get an idea if your concept will work, if you can build what you would like to build and what is required for all approvals including site plan, building permits, proffers, water/sewer tap fees, bonding requirements, inspections, setbacks, lot coverages, parking requirements, height restrictions, C/O process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

Also, good smoke alarms, CO alarms, gas leak alarms, possibly as part of a system with a very loud siren.

I purchased the lot cash with the intention of building 20+ units.I've worked in oil and gas and construction most of my life.

I am working on listing a gas station/hotel and looking for additional information about pricing them.