North of Highway 380, on Wilmeth Road, in between Custer Rd and Ridge Rd.

Purchase price: $273,000 Cash invested: $60,000 Sale price: $375,000 Purchased the property with a "subject to" agreement, did a cosmetic renovation, cleared outstanding condo dues, and resold the property.

We ask simply questions, like were they late, did they have lease violations, outstanding debt and would you lease to the tenant again.

Here are things that would not transfer with a sale:-2.5% interest- prop 13 property tax benefit is saving ~$40/monththese are awesome advantages that are tough to match   In addition you have achieve outstanding return from the appreciation since purchase.On the other hand, you have $300k of equity which places the LTV at ~65%.  

Considering it is literally seconds from the highway i would say the location could not get any better

You will need to provide an LE to determine how much your total closing costs are and that your outstanding payoffs are.

Fix the outstanding maintenance issues. 3.

@Will GastonThis Thread is OUTSTANDING!!

One side of the highway can be more profitable than the other. 

To determine the best pricing for farm rentals, consider factors such as location, proximity to schools, highways, and amenities.