My vote is you should invest but first have a discussion w/ some lenders to understand how much you will qualify for based on salary, credit,.....  

You never have to twist my arm to grab drinks and talk real estate. lol  I would love to start a mastermind group; my vote is Fri night happy hr.  

Rent the thing out to as small of family as you can find and impress water conserving methods and practices. 

If it does, please vote for my post.

This includes Paypal, but we don't use the "business" transaction method that creates the transaction fee.

To implement it effectively, you really need a third party to implement it via inspections and objective methods.

Others will use RLV, but in this post, you have the formula, so whatever method they use, you (or your broker) can do the math for yourselfSo, the general formula would beSales price of home - (minus)Build cost of home, including hard costs and permit fees -Profit (can range anywhere from 3% to 15% depending on what builder, larger/nationals will usually have lower profit margins that they make up with volume) - Finishing costs of lot (per costs above) =Residual land value (RLV) or raw land/raw lot costsNow a few questions/comments/rules of thumb to use:1.

Tucker, if you have someone in house that is licensed i'd encourage you to put it through the multiple listing service what is local to you, whether that is columbus or anywhere else. it feeds to all of those sites and should be no cost if you have someone licensed. we always put the units we lease on craigslist and between those two methods it's never taken more than 30 days. we take professional level photography with a camera we invested in.

Which method is the most cost and time effective?  

I know I am not helping you much, but wanted to give you a vote for your thoughts.