Take it or leave it, don't get cute, and I put them on the clock then.I did the same thing with my last land deal as the buyer.

The roof looks in relatively good shape (I don't know the age) although I did notice a very small leak in one part of it and the facia is rotted in several places. 

Actually the comps say $600k but I don't think I could get that as it will need a new roof soon and there is asbestos siding that is still in good shape, but it is still a liability) I am still in the home until my youngest graduates in three years, but she is the only one left and when she is not with me (50% of the time) I am at what will be our forever home in NH. 

I did all land survey, architecture, engineering, and razing of the property.

Zac, while it is true that some trusts are complicated, file tax returns, get EIN's and need attorneys to set them up for you...what I am talking about is a basic Grantor Revocable Trust (Better known as a Land Trust or an "Illinois Type Land Trust").

The units are in good shape, ready to move in. 

And can you do it without having the land under contract and/or already acquired?

I can't renovate with a tenant in the property, especially if they are paying below market rent.I DO find some properties that are in good shape, even tenant occupied that have a low cap rate - or SFR that have a low CAP rate - Should I be considering these properties?

Your input will help shape a solution that truly meets the needs of our community. 

Really just looking to take my L and do better on the next.