On 1 I will get 1 additional lot , On the second I will get 5 lots .

I sure hope someone else can chime in about this, but I think I read about listing "John and Jane Doe" (or "all occupants", which is what Kris is probably referring to) as additional people to evict.

What are the addition numbers crucial to this deal?

That way you learn the ropes, get experience, get to network, put some successful deals under your belt and you risk very little.You should be working on your credit and debt to income, and you should always be learning more but you should be doing all of these things in addition to building your real estate career, not instead of building your real estate career.Work hard on all tracks of your life and you will succeed, not just some tracks.I hope this helps and good luck :)

Read some of the articles from the learn section as well as the pod casts and you will acquire knowledge and additional motivation.

It sounds like the best way to remove it would be trying to make additional payments on my mortgage to get to the 80% mark and then refinance if rates justify a lower monthly payment.

In addition, you will either learn skills while fixing the unit you're living in, or you will work on your network of professionals to work in your units.

Making sure I'm keeping a good tenant happy (and renewing) is just as important as preventing misuse of the property.

Then some how we could take the 600k and purchase additional units.

I would appreciate any experienced flippers explaining how you build the additional costs into your max purchase price formula.