Not sure IF all title insurers will issue a policy in EXCESS of the purchase price to cover the extra padding (wholesale fee) I was looking for a way (out of the box thoughts) to possibly FORCE this original Lot owners hand to SELL the lot back to our friend or thwart him from selling the lot to anyone else.Some thoughts;Acquiring any future past due HOA Dues from the HOA (then bringing action to foreclose on them)?

Most of us assume any deal package is padded so we end up rebuilding the whole thing anyway, and the real cost is the time and mental bandwidth.That is basically what Investor Edge Concierge does.

I received immediate, good response to my marketing on Zillow, Trulia, and Hot Pads.

I’d focus on neighborhoods where working-class renters want to live, and the numbers still hold after you pad in repair costs. 

I recently bought an RV to rent on a Lot i had bought to rent as a RV pad.

Carpets even when treated delicately only last a handful of years, even a moderate spill can do permanent damage to the padding underneath unless you pull it all up and dry it.I assume you mean in your garage you did that?

With a clear plan, this first property can be a powerful launch pad for scaling.Good luck and happy to connect.

Keep your buy box tight – focus on light-to-medium rehabs in proven, landlord-friendly markets.Vet your core four early – agent, PM, lender, contractor; test them on small jobs before scaling.Underwrite with conservative numbers – realistic rents, padded expenses, and a contingency fund.Verify everything – contractor bids with photos and line-item scopes; PM approval on rent before closing.Stress-test your exit – ensure refi works at today’s rates and you’re not overlevered.Run your “noise-to-numbers” scan – analyze 20 leads, pick 2 that pencil, and test your team on one light rehab before tackling heavy lifts.

It really is a nice little pad as I've come to like it myself with a lot of potential if someone wants to add on even more to landscaping and layout.

Understand the pad-split and room-rental rules.Some cities have occupancy limits or licensing requirements for renting per room.