Downtown is a good landing spot for wedding parties, corporate groups, families during the holidays, events, etc.

He paid for common area access, built a bed in his Land Cruiser, pocketed the rent but we had agreement on what the pocketed money could be spent on (seeing we were paying the rent). 

Seller's response: He said, "Yes, I have heard of a land contract, but I’m kind of hesitant because I know some locals who land contracted their assets and ended up with a distressed property after a few years.

Hi Everyone, Im looking to get some advice on evicting a former owner who isn’t playing ball after a foreclosure sale.I purchased the Property on the 5th November, it appeared to be empty but turned out to be occupied.

I submitted a low-ball offer and it got rejected.

I run the land brokerage arm at Newmark in Houston and sell development sites primarily.

My best advice is understand zoning and density to make proper land valuation, then proper DD.

Hiring a PM removes me of land lord duties.Cons: this property is no longer a cash flowing entity. 90+% of money goes to the DSCR and expenses. 

Where you could buy the land, use the equity in your land for downpayment, or have land loan paid off during loan process. 

What are some other creative things others have done with this type of land?