Hello All-I wanted to ask if I'm beating a dead horse by placing ads in the Sunday Classifieds.

There's a barn/horse stable with separate elec/water on the 10 acres which is rented for $600/month and they pay utilities and maintenance.I've been working alot of short sale deals but this would be my first sub2 / lease to own deal.

Jeff, Later, but not again on this topic, like beating a dead horse sometimes.

Sorry for beating a dead horse here, but you guys are really helping me out and helping me think through things and I greatly appreciate it.

Saying that one should only persue an investment if it fits the mold of a strategy is like horse pulling a wagon with blinders on with a stick and a carrot.

As long as everyone has access to basic preventative and curative healthcare and as long as everyone has the choice to go to any specific doctor they prefer (assuming they can pay for it themselves), I'm happy.As I've said before, I don't like the idea of forced public healthcare, but I hate the idea of insurance company monopolies that make it difficult for a large segment of the population to get healthcare even more.If the Dems would get off their "we can do what we want" high horse and the Republicans would stop fighting healthcare reform "just because we want to bring the issue to a standstill," I have a feeling we could develop some good reform solutions that most people will agree are good for the country...but it may require removing most of the idiots in office (on both sides) first...I have a feeling we're (at least mostly) in agreement on that as well

That said, I think some of these rural community developers are basically doing the same thing by including significant common areas for horses, clubhouse, nature preserve, etc.

You have missed some critically important items in you initial evaluation...Things like management, maintenance, vacancies, insurance , the cost of the insurance and those utilities are enough to choke a horse..Based on what you provided this is a full price deal.There is a great rule used on this forum called the 50% rule.

I told him I needed to get him in on a conference call so that all of you, your friends, colleagues, investors, dogs, cats and a few pet horses can hear what he's got to say.

To check up on the manager, go to the horse's mouth, the tax assessor(s) in that area and ask.