If rates decrease significantly in the next 1-4 years (and there is no significant increase in supply), prices will increase. 

If it was worth substantially more than $20k, there would likely have been multiple offers and the ability to make them compete and bid over asking.

IE roof repair spread over # of units rather than just 13.

We are 30 years old and just getting started on our adventure of building substantial side income over the next 10 years.

(msn.com) Peter I built a 12 foot wide one in Charleston SC on a 15 foot lot.. sold for over 500k .. but thats charleston lots of tiny lots there.

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

And We starting calling ourselves the mom and pop kings over 10 years ago.

Great job switching over or at lease getting started.

Can you send me over an access code when you get a minute. 

Over the last 6-7 months, I’ve been doing my best to “get smart” on real estate investing, starting off with Rich Dad principles, which led to Rich Dad Advisor (McElroy, Sutton, etc.) audiobooks, which led to BP podcasts and doing YT research on tax benefits…I’m feel ready to take action and start putting everything into practice but still not certain which method is best for my first investment property.