It was a very complex transaction involving four family members, each with their own attorney, a complex conservation easement, multiple renters, a renter that wasn't paying rent and refused to leave, multiple wells, septic systems, 170 acres, five structures, expensive marketing, and took ten months from listing to closing.

We showed above how we got the 5.38% annual appreciation and we chose a more conservative number of 4.5% annual appreciation.One of the unique advantages of real estate investment is leveraged appreciation.

SOLD 22 of 24 lots in past six months for 10-15% more than we conservatively projected.

I'd run rental comps in the area for similar homes and see what they average out at, and be conservative initially expecting the lower end of what you find so you can give yourself some wiggle room.

Is it better to list it at the highest that I think I could get or should I price more conservatively to create competition and then try to push the price up?

Do research on conservation easements.

Following the 4% rule, $2M invested conservatively is like $80k before taxes.

For me, I'm a very conservative investor and may look through a hundred deals a month, and at the end of the year only invest in 4-5.

For instance, with a conservative estimate of 1 month of vacancy per year and 1% of the property value in annual maintenance costs, you could be looking at an additional $2,000+ in costs annually, not to mention the effort and time involved in managing these issues from afar.With all that said, real estate is worth the effort but not all deals are created equal.

I understand a decent amount of how to conservatively buy, add value and market for rent/sale single family homes but I don't come close to knowing it all!