I would never use it for anything but making money, no trips or toys! 

I am toying with selling my land to a developer.

Dear BP family,I received a lead from a middle-income neighborhood and I am trying to figure out the best strategy considering the following:Empty-nesters tired of home owners dues every six months, have a few recreational toys they are tired of paying storage so they may want to move if the price is right. 158K is still owed on the home but has been assessed for 204K Comps show that the ARV is 250K We are overestimating that the repairs would be 20K max as it is only 9 years old, granite countertops, hardwood and porcelain tile floors in good condition, crown molding, etc.4 bed/2 bath2681 sqftBuilt in 2007We personally don’t see this as a flip according to our numbers and while doing the numbers for a rental, it looks to be a negative cash flow…and that was without adding the HOA fees every six months.We are trying to look in the best interest of both the investor and seller.

I run a toy production business and I can tell the money that I earned is way harder then people doing property buy and sell. 

Trade the note for personal property such as a car, boat, or other popular toys, and then sell the personal property at a profit.

The Mortgage Professor has a lot of good calculators to toy with for your exact scenario and assumptions.  

He knows he doesn't have much longer (grim, but he mentioned this) and he wants to enjoy the rest of his life with buying toys and traveling.

In fact, I'm toying with the idea of doing some value add to properties I'm under contract with (knock on wood).  

Mainly no.The problem is that they will always be D neighborhoods, unless you have a specific piece of knowledge that something in the area is changing.For instance, I've been toying with buying a couple of C/Ds.

I'm a new member from Buffalo, NY.For the first half of my career, I was in the toy business.