That even included AIR CONDITIONING - modern technology!

I first review the sales and/or rent comps, next I review the property condition or get an estimated rehab budget, then I review any other costs such as eviction or liens, and finally I set myself a max offer price.

You typically need the owner’s written consent for pavingEven if you have the right to use and maintain the roadway, paving is permanent and changes the condition of their land.

The rent will really depend on the condition of the propety and the time of year.

Look at the age and condition of the roof, HVAC, plumbing, electrical, water heater, windows, and major appliances.

@Brandi Smith, Here is a decent one from oklahoma.govhttps://oklahoma.gov/content/dam/ok/en/orec/documents/contra...It has a section for additional conditions so be sure to add anything specific to your propertyBe Well!

I can’t pass up beef liver and grilled onions.  

@Dan LuoHard money could be an option, but it really depends on the ARV, current condition, loan terms, and your exit strategy.

Instead of worrying about the label “tornado alley,” focus on the actual property features:How is the roof condition and age?

You can start by comparing recent sales of homes with similar house size and condition, but with varying lot sizes, to get a rough sense of what buyers are actually paying for the extra land.In your case, with a half-acre lot surrounded by larger ones, I’d suggest being conservative with your ARV estimate, maybe trimming it slightly unless you see clear evidence that lot size hasn’t mattered in recent sales.