I tried to reach out on the 16th to see if they were going to have the rent ready on the 18th but never got a response. 

Am I going to need a variance or have to rezone this lot to actually build on it? 

I am curious about this nature of the business as I build my REI business.

Is it as simple as: "most houses in the area sell/appraise for X, figure out how to build a house for X-20%" and there's your 20% immediate equity in a new build? 

We are trying to build a portfolio in western PA where we currently live. 

There is a lack of new building and with the Tesla semi-truck factory opening next year the pressure on the housing market is only going to increase.

@David Nino three buildings that make up 14 units, a W2 in a state I don't live in.

My goal in the long term is build up enough equity/extra income to retire at 50.

I said I would be buying a 2-4 unit building not building a property.

But there is no visible building on Google Maps, and Xome.com states 0 square feet for the structure.Big red flag: I got it for 16%, the maximum interest rate in an interest rate bid down state.