Its just part of how we do development.. you cant take the cash flow game and make any sense of these types of transactions .. apples to oranges as it were. for instance I have a 117 acre parcel optioned at 50k an acre.. when it ripens will will be worth over 600k an acre.. and we have 1.5 mil in cash in it so far.. is that a great use for 1.5 mil don't know.. but on top of the delta on the dirt we then build homes for another 5 to 7 years and there is another 50 million in it.. so who knows.. these are small partnerships I put together with those that don't need cash flow and want small investments that have 10X returns over time totally passive.. 

Manage the hell outta this thing (trim fat, milk it, produce fruit, etc...), save.

It seems that my most fruitful leads have come from a pre-foreclosure list.

It's apples to oranges as there's no way you can buy a single-family home for as little as you can buy a mobile home.

It's a single family home located in Greenwood Lake NY in Orange County.

It's a single family home located in Greenwood Lake NY in Orange County.

Have multiple exits in mind starting with your first preferred method followed sequentially by the other exits prioritized if your first exit strategy isn't going to bare any fruit.

It seems like a apples to oranges comparison in a lot of ways to me. 

Ideas and similar experiences are GREATLY appreciated especially from people who understand Orange County and how valuable of a town Laguna Beach is.

Once I had to feed the kid an entire box of fruit snacks to keep him from rummaging through the current tenant’s belongings.