I think either Joe Land or Dave Del Gotto used to propose something like this when treasury bond interest rates were 16%.  

We're based in NY but have clients throughout the whole country.

We are soon to embark on our first land subdivide deal here in GA in between Greensboro & Augusta.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $776,000

This is a 4 unit townhome complex. Each a 1350 sq ft 3/2.5. Brand new build. We're purchasing from the ...

Then in an area like Tokyo where things are being built often, I could perhaps sell for land value if a company ever wanted an area I bought.

It seems IRS Publication 527 (2023), Residential Rental Property would say it's 10% based on their example.

I am not endorsing him but for thirty bucks and a quick read do that before you shell out tens of thousands for an asset protection advisor or some other fear based sales pitch.  

If you’re based in Louisville and have a good knowledge of the city, I’ll love to connect! 

Depending on how you want to aquire the property, or flip, or whatever I think you need to strategize how you want to acquire property first then come up with the number based on a percentage of down payment + closing costs of the house prices you are targeting.5) Talk to a few local bank lenders and see what first time home buyer programs they are offering.