I'd look at land value and land development to capture substantial upside, I'd look at 50+ unit deals for entitlement, I'd self perform land acquisition and land development in a midwest market like columbus that allows for substantial gain and represents a more stable long term growth, but when you break down the industry new construction is very stable you are already doing that by just working in new construction. you'd essentially be the developer on a larger deal you could do that in one deal. lol 

It all depends on what sort of deal you are thinking.  

that's why in Aviation you still have the VOR system and crap cant remember the name but you tune into radio frequencies to guide you And not sure if the Loran systems are  still up or not...

The deal I chose was somewhat at random, but also looking at price points and neighborhood ratings I thought would be good for a first investment.Below is my attempt to break down this deal. 

I always think 3-5 % is the annual appreciation to go when I analyze deals.

Also, connect with other like-minded people in your community and attend as many in person meetings at your local REIA groups to network and connect + find out about off market deals and get on local wholesalers "buyers lists".Best of luck!

-can your agent help you get off market deals? 

Ultimately it's a matter of preference and deal dependent, and inspections are not necessary if you're confident in the price you are getting

Looking for some opinions on what to do with this deal.

It could save you the trouble of finding a new tenant and dealing with vacancies.