No water is leaking into the unit, the ceiling tiles just get a slight discoloration.

@Frank Patalano The uncertainty of venturing into uncharted waters.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

Which means even if you had an inspector there on that day, it would be a few days before you could get coverage (assuming there were no issues needing remedying first, like an old water heater, roof, etc.).  

I wanted to open up a discussion about buying and selling real estate in today's market conditions.I am a Real Estate Agent and Investor, but whether you're a seasoned investor or a first-time buyer, navigating these waters can be challenging.

I provide enough water, coffee, and a few snacks to help them get settled in.

Or do a partial slab, leaving key trenches in place to run water and sewer, and slide into place.

For example, in Indianapolis, all-electric homes have a higher utility deduction because electric heat, water heating, and stoves cost more to operate than gas.

I’ve definitely been thinking about selling other properties to start a business just didn’t know if I should sell in the market we are in today or try to stay above water until interest go down.

You could test the waters with one or two rehabs, see how they perform, and then decide if a full transition makes sense.Leverage Your Skills:With your contracting experience, you can save significantly on rehab costs and add value quickly, which might give you a better return on investment compared to the time and effort spent growing the IT business further.Final Thoughts:Ultimately, it might come down to where your passion lies.