It shows you how to develop relationships, while spending no money, to grow your business the right way.

Decision fatigue will become your middle name.If you have developed a financial model and derived a property description, any property you look at either meets or doesnt meet your model.

I targeted areas that were around economic engines, within neighborhoods or areas that were beginning to turn (about 25% of the houses were renovated/rehabbed and the surrounding area is undergoing development).

They just don't have the expertise or development knowledge to have a buyer's list with people who want land and the value for land can be subjective when there are not a lot of comps.

If not I'd develop your relationship with a team via buy and hold and only pursue BRRRR once you find a solid partner or develop enough experience to protect yourself. 

If I buy a piece of land with the proceeds, it still needs to be developed. 

Tighten that up, develop a 30-second elevator pitch on why you can be an asset, and you will have a much better chance of someone wanting to help you learn, while also gaining something from you.

Established Rochester, NY developer, builder and manager is looking to acquire or partner with an existing property management company.

The house is new construction and we are going with the developer's lender due to $15k incentive.

Once we understood the pool we wanted to target, we then developed a property profile that attracted this tenant pool.