Assistance with making informed decisions

Just a few pointers that can influence an investment decision, for example:

• The time it would take to save for a reasonable deposit.
• The rate the market is moving. 
• Is the market moving faster than savings.
• Is it better to buy unimproved land that would be worth keeping for a rainy day. That would mean least bother with tenants though no tax deductions.
• If buying an improved property will cost more, it most probably would make a profit in a shorter time frame. The profit will also depend on your ability to do improvements yourself.
• What would capital gains be on the sale of an investment property (things purchased with the intention of making a profit). See Chapter 6.

There are 16 chapters in my book that give various tips on how to move forward as time goes by. Here are photos of:

Unimproved land and virgin land

Improved land

You need to weigh up the options and costs of building/improving on the land vs the final value of the property when completed. Lower cost options do not necessarily equal greater final profit.