Long story, but I'll try to simplify: My wife got a one year contract job at a university about an hour away from our primary residence.

Scale is important to business and SFR is really hard to scale, maybe some of my risk analysis is over reaching...because it's my job, but I still think it's important to look at the longest term possible.

During my day job when I get this question - I just tell them honestly.

I work another job, in fact I actually did the whole project from Spain without ever having seen the property (that's another story!). 

I have a nice job with a real estate company and, although real estate investing has never been something I considered, I just started to as of late.IDEAL NICHE:  At the present moment, I would like to invest in vacant land only and resell it on terms using seller financing to generate a positive cash flow. 

If you have a builder that you felt good with, ask him what it would take to have his rubber stamp the job and use his subs, but let you handle the subs and all aspects of the job.

They have a real estate agent (whose job it is to know what the property is worth) telling them to list it for a certain amount because they honestly think that is what the property is worth.

Do you have a full time job now?

I’ve lived in Korea twice for a total of almost six years, taught English as a Second Language, served in the Marines as a Supply Administration Clerk, and had a whole mess of odd/dirty jobs in the States and Canada.

Other than that you did a really good job with the spreadsheet and all other cost estimates.Looks like this may not be a great buy but you are on the right track!