According to a NAHB, National association of Home Builders:14 millions households were purchased between 2011 and 2013.11% purchased brand new homes.43% were purchasing their first home.Median age of buyer was 32 years old with income of about $62,000Median age of new home buyers was 40 years with income of about $85,000Median value of homes was $168,000.The median buyer looked at 10 houses before buying.11% bought using cash or zero down financing17% used proceeds from sale of existing house to buy.Full study is at:http://www.nahbclassic.org/generic.aspx?

I was not in a hurry, and they were difficult homes to sell with unique features.It sounds like 5% is the typical rate (It is a violation of the Sherman Anti-trust Act to say there is a going rate.) in your area, and you are offering less than the traditional 50-50 split for the buyers agent.If your market is red hot, you should be able to sell this property FSBO.

I'm thinking $10k/home (depending on the age/condition), but have no idea what to assign to the vacant lots. 

Listening to the stories of others that are near my age and have made real estate work despite having limited knowledge in the beginning gives me the continued motivation to believe that I can make this happen.

My parents own several successful commercial properties, and taught me from  very young age how profitable the industry can be.Investing in real estate is something I've wanted to do for as long as I can remember.

I'd planed to use the two years out of country to invest my money into hard money lenders or private, to get the most use out of my bucks while i'm gone. i found BP through the BP podcast on Itunes through mixergy an episode interviewing Joshua Dorkin, and could not be happier to find BP :)i had interest in real estate when i was a little kid about 12 of age, and have now come to my interest again 8 years later at an age of 20. i have a dream of becoming on of the most successful people to ever walk this earth. i know, crazy kid here talking big. but that's just me. its awesome to be here, I'm super pumped to learn and experience this spectacular business for the next many years. thank you if you read this, though its long. this was Hans Ravn from Denmark and talk soon ;)ps. if you have anything to ask, just leave a comment and i will write back :)

We both work full time jobs and have 2 elementary school ages kids so as you can imagine we stay really busy.

As they get older they do not like to deal with all of that.So it's the age old question of the yield versus the work involved.

That way the sides of the cabinets you see will age at the same rate as the real wood doors ( assuming you are getting real wood fronts )A lot of times cabinet manufactures use a vinyl side with their standard construction and since that is just a picture of the wood, it will not age and sometimes not look the same as the wood doors.

-Age and condition of SFR you are thinking of 1031 exchanging.