To find vacant land, check real estate websites, local listings, or work with a real estate agent.

What checklist or items should we consider before investing out of state so that it can scale well.2.

These items will eat into your actual returns versus proforma.

Wholesaled to investor, assisted with all inspections, estimates obtained and managed the entire renovation until it was time to sell and then listed for the investor and sold the property.

And was this an off-market deal or listed?

There pricing is based on number of listings.

I saw a listing for a 15-unit apartment building that is for sale and the property has a 5.3 cap rate, this isn't the issue.The issue is in the listing description the agent said the building could have rent growth potential based on the rising rent prices in the area which she said would bring the property to a 6.6 capNow my question is why would I buy a property for 2.5 million when with this new expected cap rate the property would tank to just under 2 millionNOI is roughly 132,000 and most units are in pretty good shapeAnother note is the average cap rate in the area the property is located in is a 6.4 cap

Usually, the listing agent pays for the photographer, so the value to the client is already added.

Plus you will come across more deals or pocket listing you might be able to jump on in terms of good deals.As far as a 40 hour work week and investing its "Easy" you schedule your time wisely work, life balance, and REI searching at night.

I know I have to do some more digging to find really why they don't just want to list this house on the market.