Currently, I live here in West Dallas (75212) in an unfinished neighborhood of tract homes.

This tract would be a long term hold, and a cattle lease in the mean time!

Personally I went after land owners with large tracts of land and put a marketing or lease option contract on the property with rolling options.

She and her husband Mark, a Marine veteran and firearms instructor, earned a combined income of about $100,000.But when they sought to buy a home, the most affordable they found was a small $550,000 tract house in Yorba Linda, the price reduced because it had been the scene of a double homicide.

He knows me, knows my success rate, and is comfortable knowing I will get him out of the deal unscathed.Now, if I walk into the local conventional lender (we won't name any names) and show them my income, my expenses, and my tract record, do you think they will give me a loan?

Typically 80's & 90's tract-built homes, with solid rental bases.  

Reaching out to the experts here in tony tract-built townhouses, but this may be of interest to anyone with kids.

And they do it knowing people will just accept it as "tract home" quaility.Some developers have more tolerance for things like this than others.

Carnivors have very short digestive tracts, so rotting flesh can be easily expelled.

But its still work you still have to deal with tenants turn overs ... other things like that.. the most passive I see with folks that have some serious liquidity already IE been high w2 folks is notes.. those can be truly passive done right.. for the big hits  land development in path of progress is killer but risk/reward is the mantra there.2018 for us should be a nice year  probably close to 30 million in new home sales a few larger tracts bought and either flipped to lennar or Horton 150 to 200 lot tracks.. and our note business is in full maturity.. and it only took me 40 years to do all this... so all you youngsters out there have some patience.. 10 to 20k is nice but its not retirement when you start really living the investor life.. at least for me.