e. vacant land, other than farm land, owned by or rented to an “Insured”Talk to your agent and find out if you policy applies to vacant land and if there are any conditions (.ie no development, no roads, no utilities, not cleared, etc.) that may apply.If the land is covered, you may want to add an umbrella to get some additional coverage.

I'm also concerned because in my counties, the water utility  will never be shut off, it simply rolls over to the property owner if unpaid by the tenant.   

I will be putting some offers in with the goal of utilizing a BRRR strategy.

BUT get used to having the accounting deal with that 10%.Expenses: Mortgage Rate 3.00% Length of Mortgage in years 30 Monthly Mortgage payment $632.41 Taxes $ 150.00 Sewer and Water $ - Trash $ - Heat/Utilities $ - HOA/Legal $ 8.50 Cap Ex and Ops $ 250.00 Insurance $ 100.00 Mgmt Fee $ 160.00 Vacancy $ 132.80 Total Expenses $1,433.71

How do you utilize social media to increase engagement and promote yourself?

Has anyone been in this situation or had a tenant utilizing financial assistance such as Leaven?

A full analysis should include (And you may be on your $100k estimate) holding costs such as Interest, Taxes, Insurance, Utilities, etc.

Make sure any utilities that could be tied to the house (eg water) are paid. 

MY QUESTION to the forum is, my goal is to start another hearing practice outside my county (since I now have a non-compete with the practice I sold) but want to utilize my new real estate license in order to have better access to find investment properties.

The biggest problem is the land needs to be able to be connected to utilities so you can't just buy land in the middle of nowhere and stick a house on it, permits are also a concern but that varies a lot by location.