Sounds like BRRR, but isn't. 

Mentors like interested people who know how to research.

My experience in Baltimore is that while we have plenty of multifamily listings, there aren't many priced really well upfront and most require work.

Well maybe they are useful when it comes to contracts and negotiations.

Hey Charles,In my opinion, not owning the land is just like buying a car.

ORWhat have you not liked using at all?

MTR arbitrage is a useful tool to have in your tool chest, and like all tools, it has its uses along with its positives and negatives.MTR: Medium-term rental (usually between 1-12 months)Arbitrage: renting from another landlord and *with their permission* renting out that unit to a third party, hopefully at a profit.

Sounds like you took the first step by making this post.

Well, no.  

@James Walker I would start with planning and zoning, assuming you've done that part and/or feel likely you can get it approved, then I would pay for a feasibility study from a neutral 3rd party.