I have 10 acres of raw land that I purchased to put a house on that already has a well, power and septic available. 

If your family is contributing, you could purchase a multifamily home to house everyone, while renting out units you don't need.

Hi, Frank, if the seller only has one year of income and expense data, how can we figure out the right number to purchase?

@Karan Shah I am helping a lot of clients purchase in Tarrant county where Ft.

I am a licensed Real Estate Agent in VA so the process of finding the homes/purchasing is not what concerns me.

You might consider hard money for the initial purchase or going with a DSCR type lender if you find something that is more turnkey.Hey!

Hello, I purchased a property in Snohomish County in Washington State at the auction.

Meaning if I’ve gained say $50k in equity (just and example), and I put it on the MLS, and the end buyer purchases it, how does that look at closing? 

You could aim to purchase near those areas that are already or set to boom even more with large commercial projects going on. 

Couple of different ways to do that:)Many parts of the USA don't have cashflowing Class A rentals currently.So, recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.