I then flip for a quick profit to a local developer/builder who is willing to work with the town to develop the lot or if its a home run I invest the time & money to permit them personally and sell for 10% under retail.  

Either way this is just a metric to help guide you, with this tenant you already know that they are a good tenant.

Real EstateHere’s a quick compare and contrast of my experience buying a laundromat vs. real estate investing.Obviously, your experience with real estate can really vary, particularly depending on the market you’re in.

If that is a stretch as to your qualifications, I would not recommend this as it would with relative quickness go to the attorneys to move forward with drafting, inspections, title search, etc.

It’s mobile home parks and parking lots so it’s not a quick flipping syndication or anything like that.  

Here are a few quick FAQs that can help you decide how much you should prioritize staging as you prep for your move.What Is Home Staging?

Even with rent control, prices have risen quickly.  

Hi I recently graduated from eastern Michigan and always wanted to get into real estate but didn’t have the time because of football. I was wondering if any one can teach me how to get started I have read books and be...

Here's a detailed guide on how to screen applicants: Application Screening Guide

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?