The Long-Distance Real Estate Investing book is a great one to get the lay of the land on doing it from afar, but getting on-site experience will also be important in your journey.

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.

The stairs and landing at the top of the stairs is carpet as are the stairs to the lower level.After 7 years hosting, they still look good.

Also photos will not show neighbors and google street is not accurate of current shape

I just finished reading Dirt Rich and it's peaked my interest in the possibilities of land investment. 

If there is a PPP the lender will hit you for the year you land on the PPP term.

After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.

Work with your CPA to allocate more value to land and structure.

I have the land and am working through the process with the civil engineers and the city.

We're looking at a strategy focused on BRRRR (looking at good markets in SE US like Birmingham, AL), and large land wholesaling.