Do your due diligence but do not get stuck in analysis paralysis.Lastly, these online calculator are a good guesstimate but it is skewed with bad managers not effectively reaching the potential of a property So dig a little deeper into the high performers in the area to figure out what the rate should be and what they offer.

Keep in mind it is a class A rental.I greatly appreciate the advice in advance! 

Higher risk in my opinion and you build wealth in one way - cashflow If you buy the property you get the appreciation, cashflow, more tax deductions and cashflow.

I was leaning more towards that too, appreciate the feedback guys!

Looking at the rough numbers and we are comparing apples to apples ie: area and appreciation, I think the first is a better option because the cash on cash return from the investment cost to rent ratio.

The renovator mentioned the house is in poor condition, requiring a ground-up renovation, which would demand additional funding.I’d greatly appreciate your insights and advice on this matter.

Any advice or guidance is greatly appreciated as I begin learning more about the great opportunities that lie in the REI space!!

Thanks Jay, appreciate the insight

Any help is appreciated, thanks and Happy Easter!

Land is a solid investment as an appreciation play.