You might just realize how relatively “cheap” things are here.The Property I have is a 12917 sq ft (1200 sqm) 99x142 ft (30x40m) undeveloped land in a medium prime residential area.

I am considering a business idea that includes buying real estate around my area and converting them to rent-able offices and/or data centers for leasing out computing power. 

I think the other factor is relative cheap entry level for home owners or investors.

Part of this is also seeing plenty of data in sold comps since I opened this HELOC verifying that the actual value of my house has gone up a solid amount as well, so hence the extra motivation.  

Then I can analyze the data such as average prices based on season or special events.I check these a few times a year.

Get several quotes and find someone you can relate with.If you are going to save money you will need to get involved searching for contractors that deal with investors. 

Final payment cannot be demanded until the contract is completed to the satisfaction of all parties.Signatures of all parties.A clear and conspicuous notice stating: That all home improvement contractors and subcontractors shall be registered and that any inquiries about a contractor or subcontractor relating to a registration should be directed to the Office of Consumer Affairs and Business Regulation Home Improvement Contractor Program, with the Office's address and phone number.

I've found names of relatives paying off taxes this way and have gotten in touch with the owner through them.

I first must apologize for screaming at all of you in the title but if you have any experience or can relate to the title at all you know why I am frustrated. 

The 1% rule will kill you if you use it that way.To offer a single data point, I’ve looked for turnkey rentals in the Denver proper area (hot neighborhoods) and have never seen rent that matched the 1% rule in the last 18 months.