Maybe lake visitors, but not really close to the lake. 

Total profit less closing costs and commissions will be about 42,500 each or 85k total.I would for sure get a construction loan, may be worth approaching 2 or 3 different banks and getting separate construction loans from different banks. 

Third, if they have $2bn of agreements (whatever that even means) why haven't they actually started building anything or even closed on the land.  

By negotiating a significant discount, buyers can secure great deals while meeting the seller's urgent need to close the sale.

You won't find anything close to the Austin market with that budget. 

Subtract the flat fee buyer agency fee of $6000, meaning the buyer is credited $6,500 at closing.

A.I. says I’m cutting it close.

Depending on how close you are to Philadelphia you can really manage the property yourself as many Jersey neighborhoods are even closer to philly than some philly neighborhoods.

Hey Everyone,I’m 20 years old and excited to be closing on my first rental property on 1/31!

Comp 1-2bd with 1-2bds and not 3-5bdsStep 2: columns in Excel - total sq ft, abv grade sf, below grade sf, % abv grade, % below grade, sold priceStep 3: average in Excel - avg ppsf above grade, avg ppsf below grade, avg ppsf totalStep 4: below grade finished 50-60% of above grade ppsf, below grade unfinished 25-30% of above grade ppsfThis will get you close.