The zip codes you chose can have some higher pricing compared to other zip codes in Jacksonville, But, I think it is fairly attainable, even turn key.

I too am relatively new to BP compared to some who have been here for years.

Its also most comparable metric when comparing different types of investments.

Data-analysis software analyzes comparable home sales and other factors to determine a valuation in seconds.

@Stanley Pearse No spreadsheet, although you could look and see how much your taxes and insurance have gone up and compare that with how much the market has gone up since 2016 as a place to start.

By looking at what other raw land has sold for and compare that with the cost of removing the structure from the property should help inform your decision.

Let’s connect and compare notes!

Fresno could be  good option for a bit higher cap rates, possibly some of the areas deeper in San Bernardino County (Victorville, Hesperia etc), or the Riverside area (one you get an hour or so out of LA county, going towards Coachella area.However, if what you want is cash flow, as opposed to appreciation, CA is not the place to look, as compared to out of state.

I like St Louis as property prices initially looked inexpensive when compared against rents in the area. 

Rentometer is showing $2600 median but the comps do not seem...... comparable.