Hi everyone, I’m a rookie here from Northwest Florida, and I’m not sure if this is the right forum for my post, so please let me know if I should move it elsewhere.

Non-renewal notice sent today and posted on their door, allowing for them to leave anytime between Feb 1 and March 31 with a refund of their rent on a per diem basis (if they've paid for that month). 

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

I’ve been meaning to write a blog post on how to do it - I’ll eventually get around to doing it.

@Mary Parsek you are pretty close with this forum but I would suggest posting this in the "Mortgage Notes" forums.  

@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.

That is something I would for sure have to look into as, according to your post, it seems like the timeline for mid-term rentals kind of lines up with the amount of time that we would be gone each year, which would work out well and probably require less of a hassle of trying to maintain the property after each stay for Air BnB.

Originally posted by @Anthony Fontana:For those that do not feel comfortable enough with excel to build out a tool on your own, I would suggest starting by taking excel courses focused on dynamic real estate modeling.

Just saw your post.

OK lets analyze this post.I still fail to see the value in that post... not one single person genuinely interested in learning how to wholesale would find any value in that post.Don't you agree?