Bonus is if you can move to larger parcels that may have timber value.trying to find lots for builders is pretty much a non starter builders find their own lots.. and are not going to over pay.this is why the guys that do this primariliy are working the deserts of the south west.. high deserts of CA rural Texas NM  AZ  so on and so forth..

However, I’d like to think I could make $50-$100/m profit somehow.

View report*This link comes directly from our calculators, based on information input by the member who posted.I had to have done something wrong. First time using a calculator, can I get some advice please?

Some people suggest buying a home, rehabbing it, selling, and reinvest the profit.

That is why you may have to do two closings and budget for both of them in an attempt to not let the seller that you are making a profit on what you are doing.In this economy Fix and Flip may be the best way to go including the borrowers that are willing to finance your repairs or rehab or to purchase multiple unit houses with a loan that the FHA will provide you with a low down payment but it is only made to an owner-occupant for regularly 12 months and you get to keep that same loan if you even when you choose to move away.Another thing to consider is to buy apartment complexes and take the advantage of positive clash flow and using a cap rate to increase your value on add-on properties and raising the rent. 

or figure something out creatively2nd house Arv 160,000 built-in 2004 no updates purchased for 114,000. they're wanting full price 162,000. rent 1000, I'm thinking to offer 85,290.25 because that leaves room for a nice profit for my buyer and renovations and their closing costs.This seller is also asking 55000 for another home he owns but the arv is 30,000 because of the area which he purchased around the same time.

I am a newbie but am interested in investing in my own place, which maybe I can later rent or profit from it.

They are not profitable, and the investment is actually a bundled interest as an LLC, so if they go out of business they it will be a nighmare to clear up.   

I've seen some investors get too excited about private money and the day before closing find out the private investor is bleeding all the profits out of the deal.

I definitely would have declined an application with that many tenants, but now they are accepting a rent increase which is pure profit on top of an already cash flowing property.