I've been a city dweller my entire life but want to permanently escape to the countryside Uncle Ted style. Zero experience with rural living or self sufficiency.
Want to start off by buying really cheap (sub $100k) land/ house in either Appalachia or Ozarks. Specifically looking at Missouri, Arkansas, Kentucky, West Virginia.
Can you guys give me advice on what I should look for in land/ housing so I don't get fucked over?
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DailyWhitePills on scored.co
4 hours ago0 points(+0/-0)
(1) consider ag land (allows one dwelling unit and several other structures such as garage/shed/etc
(2) there are ag/residential dual use lots as well
(3) if ag isn’t your thing consider recreation land (also has residential dual purpose)
(4) avoid undeveloped land unless you’re really committed and want the “I did this with my bare hands” level of satisfaction (plus it costs a lot and takes a long time)
(5) Try not to be more than an hour away from the nearest resource pit
(6) try to survey the area if you can (flood zones, bugs, bad soil, druggies, etc - not just the lot but the entire area - talk to people - get the inside scoop)
(7) make sure you’re looking at things from a longish time horizon - eg add as much value to the land asap and if you end up needing to bail make sure you have a decent chance at flipping the property
(8) consider creative/owner financing (avoid traditional purchases if possible)
(9) have fun
Take all this advice from someone who lives in a city and plays video games and has not done any of the aforementioned but has looked into it extensively and is probably going to do it eventually (just need to save up)
(2) there are ag/residential dual use lots as well
(3) if ag isn’t your thing consider recreation land (also has residential dual purpose)
(4) avoid undeveloped land unless you’re really committed and want the “I did this with my bare hands” level of satisfaction (plus it costs a lot and takes a long time)
(5) Try not to be more than an hour away from the nearest resource pit
(6) try to survey the area if you can (flood zones, bugs, bad soil, druggies, etc - not just the lot but the entire area - talk to people - get the inside scoop)
(7) make sure you’re looking at things from a longish time horizon - eg add as much value to the land asap and if you end up needing to bail make sure you have a decent chance at flipping the property
(8) consider creative/owner financing (avoid traditional purchases if possible)
(9) have fun
Take all this advice from someone who lives in a city and plays video games and has not done any of the aforementioned but has looked into it extensively and is probably going to do it eventually (just need to save up)
Good luck and Godspeed!