Thanks @Henry Lazerow, that is basically what we do in the city. 

Basically impossible with that many lots.  

- And more...Let's move past all of the above and focus on understanding and monitoring maintenance charges PMC's bill to their clients.There are two basic components of every maintenance bill, labor & materials.

Im basically looking for advice on how i can save as much on taxes as possible.Part of the property is your primary residence, which does not qualify for 1031 Exchange treatment.

What they do is basically teach how to Wholesale Commercial Properties professionally.  

Let's say at 6% over 30Yrs will be about $960 per month(Principle/Interest) with the remaining  interest only portion $40K costing roughly $200 per month. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

Hey good folks of BP. I come to you hat-in-hand, looking for the collective expertise I've come to enjoy here. I work for a portfolio lender as their point person for construction loans, and now I'm trying to grow the...

Start with the basics, don’t be afraid to ask questions, and take it one step at a time.

Some are basically affordable housing and some are vacation type rentals.

It’s basically spam email for phone calls.