High occupancy, and entry pricing is extremely reasonable for a first MTR.5.

So far so good and Marco who runs Norada has been extremely punctual and helpful as i've navigated next steps.

Who has experience with working the extreme rural land markets? 

I love the super extreme guys who are young and not married, who buy a triplex, rent out all three units, and live in a $7k trailer in the driveway for a year.

My intention is to make this extremely passive and win-win.The partner gets predictable tax benefits and return of capital later.I get unused depreciation turned into growth fuel.And just to be transparent:If anyone here has experience with this — or is interested in the tax-benefit side as a passive partner — I’d love to connect and get your perspective.Not trying to pitch a deal here — just trying to learn from people who’ve actually done this type of structure.Thanks in advance!

it's fine to continue to learn about OOS investing, i'd just urge you to be extremely picky and cautious. 

It’s extremely rare to get sued for more than that.

Most tornado paths are extremely narrow and short lived, so the odds of a direct hit on any specific rental are very low.That said, weather should always be part of your due diligence.

Everyone knows the BRRRR method - Buy, Rehab, Rent, Refinance, Repeat.It’s built on the idea that leverage lets you grow faster.That worked great when money was cheap and banks were eager.But in today’s market, the same leverage that once fueled growth can quietly eat away at returns.Here’s an alternative I’ve been studying - something I call the Reverse BRRRR.It keeps the real estate, the cash flow, and the repeatability… but removes the debt treadmill.Here’s the basic structure:Buy homes in livable condition at a discount.

Construction costs are going to be extremely localized due to labor costs, local permitting procedures and building code requirements that influence costs.