Hey @LaVonna Shannon What is your end goal?

However I think your goal sounds like not coming out of pocket with the land purchase.  

Below are some things you may wish to consider, as to which Corporate Enity is best, for your Business Model as well as your REI Goals and objectives.Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

Whats your goal for the purchase?

I planned on getting an inexpensive condo or coop in an area outride of where i live but I’m not sure how this will affect my goal of getting into rental property investing.Can someone advise on which would be the best route to take if I want to get started in rental property investing?

-My goal is to build a passive net monthly income of $4k/month by the end 2022.

Good luck with your house hacking goal in Yucca Valley outside of the "stumps." keep us posted on the multi market in the area, lord knows I will be following suit in FY19 if I end up with orders there myself.

Ultimately, the smartest thing for you to do is identify your goals for REI.

As many have mentioned, you can hit your rent goal in pretty much any area in Baltimore for a 3 BR home.

Goals-Short term Create a property management firm Buy two properties to rehab and sellBuy one property to rehab and rent out Build a house on my dads property to rent out- Long TermCreate monthly passive income that matches my monthly W2 income Employ at least 3 family members with my property management firm Eventually retire from a W2 job and become a full time real estate investor I realize that i am young and dumb.