It's a small property, and there's very possibility for a financial little upside to anyone who leases from you (no farming, hunting etc) so you're looking at annual type recreational or maybe 'off-grid' type tenant.

@Isaiah CortezDo not create a property management LLC.

Good time now that rates are falling and property values are ready to start another climb up.

Your main point of interest seems to be knowing the equity in the property.

Find a property that the seller is willing to finance for you, take a mortgage over subject to, find some investors willing to put the money up on a great deal.I am confidant that you will figure it out. 

Local lenders will do better in terms of winning properties, but they don't have to be mom and pop.

Hi,In my old rental property I am not sure when roof replaced last time.

What about 80% on an investment property? 

Is there anyone here on BP that lives in Dallas Texas that invests in Section -8 type properties ?

I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated.