Is the city responsible for maintaining it or what permits would I need to level/gravel it?

To all of my private money investors, from a high level, what do you want to see and hear that would make you invest?

One more question...In the video I shared above, Anson Young says he likes to search for real estate deals in cities of 100K-250K people, since that level population supports demand and there's less competition than in the major cities.

including the sale of the property can increase your tax rate.The capital gain(including depreciation recapture) gets added onto your income.Therefore, your capital gains tax rate may potentially be partially at 15% and partially at 20% depending on your income levels and the gain from sale.Furthermore, do not forget state tax rates + Net Investment Income Tax.Best of luck!

Most people setup an LLC for this for the added level of liability protection. 

Show her some graphs of the price of housing cost (to buy a new house) increase over years from 2011 to 2021,  and the cost of insurance for that house you bought from 2011 to 2021 and lastly the rent level increased at the max level allowed by rent control from 2011 to 2021 ( you will have to work backwards to get the rent numbers)  and let her see how much the housing cost increased compared to the rent increase allowed now by rent control. 

@Liam Martin Ruane  I would ask them what's in it for you, and what is their experience level?

He has most of the meetings up as a podcast search Nomad and Jame Orr  super high level detailed real world real estate investing education.  

@Rita Naga...there's too many factors you're not mentioning and I agree with both @Marty Johnston and @Chris CambridgeJust back of the napkin off the numbers though running backwards - if your NOI is ~$86,000 and rents are $595 now, then just guestimating at a 45% expense level, this is ~20-22 units??

@Sidthi Sanjanwala I don't think you could have possibly picked 3 massively different markets...these markets are not even remotely related on any level.