I'm looking for the legal definition of "paper lots" and was hoping that someone might be able to point me to a good source.

Net profits aren't as they initially look on paper.

Set expectations on paper for maintenance and repair process.

Posting here -  Apologize if wrong forumI current own 15 single family homes in Fort Lauderdale and would like to start selling and hold paper. 

I'm losing money $300 to $700 (with the last rent) each month on what was supposed to positive cash flow $176 a month on paper at 6.99% interest rate.

All Class A properties, everything was going well until I decided to scale by buying more properties, which were Class C and cash flow positive on paper or at least not negative.

I print out a piece of paper with the instructions and stick it on the fridge with neodymium magnets I made from the brass of 8 gauge shotgun shell hulls.

This is where I tell my investors that it is your job to understand what you can and cannot do and lead your professionals who JOB is to complete the technical paper work.

These are not guaranteed to work and my PM still makes them go through a background check, but this does help eliminate a lot of the foolishness that comes with a Sect. 8 tenant that looks good on paper and when you meet them,....but they also happened to forget to mention they have "baby pit", they only smoke outside, and that their boyfriend who has 2 kids of his own all of a sudden has started living there because he "needs a place to stay.

Those pro forma numbers look great on paper whether flipping or buy and hold for rentals - I've talked to many California investors losing money in these inexpensive "cash flow" markets.