Not looking for legal council, just ideas to mull over as this begins.Cheers,Darius

The issue was that some of the people that they did leases with on advice of their council recorded them.. now these were standwich deals.. as the original lease was paid to them  IE they made some positive cash flow of the B transaction and then they paid the A.Well these types of deals have a way of going south at the rate of 50% or better.. so as they started to crumble one after another they were soon in negative cash flow situation and could not make payments.

I live in the Tomball area and I really want to become an investor. Looking for anyone in the area that could show me how to get past the analysis paralysis stage. A big thanks in advance to the forum.

BP Team,Our new multifamily development project was approved via the Common Council of our municipality last week.

If there are objections, the planning&zoning commission and/or city council (both hearings were required for my situation above) could decide to act on the neighbors concerns and refuse to allow the new use.Start with a call to the planning and zoning commission and discuss what you want to do with them.

Yeah but got someone who'll buy it for $3000 and a council that will likely approve it because the exterior is excellent.

How to approach a city council, taxing authority, zoning commission?

I've been to some of the city council meetings here and watched others on TV and watched owners try to get variances.

Try to locate the meeting minutes form the local council and see what they are focusing on.

Look at what Philadelphia is up to regarding battery life expectancy:http://philadelphia.cbslocal.com/2012/04/16/city-council-to-debate-bill-requiring-longer-lasting-smoke-detector-batteries/And they're the ones who require the carbon monoxide batteries to be replaced by the tenant or landlord every year!