The other consideration is the opportunity cost of buying just for appreciation.  

It's typical practice to look at out-of-state (OOS) marketplaces in order to improve cash flow, particularly in high-cost cities like New York.

You can go to another CPA that just files and doesn't really look into your financials and their cost could be less but you're actually paying for it in the long run.

Repairs cost more than anticipated  

Could anyone share their experiences or timelines tracking regarding the initiation and costs of property renovations?

If you decide to go that route, hire an experienced management company and underwrite very conservatively otherwise you could get ruined by high maintenance & turnover costs and potentially evictions.

Hi bought ten lots of land in Sebring Florida its R# zoned paying for upfront construction cost need help with getting a mortgage once its built so I can continual to build on  the rest of the lots going to be about 18 homes made of containers I have 3 other investors working with me.

It always seems to take longer, cost more and cause more stress than I plan 

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

It costs 10k for them to complete one deal for you and to get your foot in the door.