Right now we are seeing land taking some decent hits (especially what your selling) as disposable income is down and a lot of this land really has no way to be built upon because it lacks any source of water.

Like who will manage the building, what is the collective rent, what are the taxes and insurance, is it all up to codes of the town, zoning questions, what is the as-is value - this will be very, very hard to comp and the lender will come in at the low end of the comps for sure. 

This is different from homeowner’s insurance and will cover things like property damage, liability, and loss of rental income.

Why not house hack where you go to college and put 3.5 to 5 percent down instead of 20 percent?

Purchase Price = 3.4 MillionGross Income = 685k Expenses = 575K NOI = 155K Any advice or assistance in the form of mortgage calcs scenarios would be greatly appreciated 

Up to 90% LTV.Bank of America, low fee

The house itself is livable.

I'm not looking to create cash flow, replace, or supplement income, so as long as the place isn't hemorrhaging cash, I'll be fine with it.My 'ask' is to connect with folks who own or manage any STR / MTRs in the vicinity in the hopes of just getting more knowledgeable about the local regs, different communities, etc.Thanks!

Also - be sure to check out the post "House Flipping: The Best of BiggerPockets."

Long term rental hold. 20+ years.In Texas, 2 story house with plywood upstairs.