Ballpark if you will.I only ask because I find it fascinating what I rent my SoCal 1950s tract houses for compared to rents in other parts of the country.

Note that FNMA HomeReady is income capped by census tract, and if your lender starts putting stuff about census tracts on your preapproval letter then your agent will murder that lender, so it's on you to do that homework for yourself. 

If you are doing a tract of homes that isn't zoned for residential you may run into rezoning issues that requires city approval with alot of hoops to jump through.  

Let's say I buy a wooded 30 acre land tract that belonged to someone that didnt pay the taxes.

I'm looking at purchasing a rental property near Chattanooga, TN at the moment and there is a tract of land about 10 feet above and behind the unit.

We currently have a 30 unit 1/1 in a growing bedroom community in the Little Rock Metro area that needs rehabbing $235,000, and a 4.4 acre tract of commercial property with a turn key restaurant on 1 of the acres located on US Interstate 30 in another bedroom community south of Little Rock, $835,000.

What i am actually concerned with is 1. the real estate serving as loan collateral 2. the amount of capital being put into the transaction by the borrower 3. the borrowers tract record of successWithout the above three business plans and strategic plans are worthless too an investor or lender

Hello forum Question to anyone who has some experience with buy and sell owner financing terms.I have investors group wanting to purchase large tract of land , divide it and sell with contract for deed. 

I can't speak on that county that you are talking about but in certain counties there are no income limitations period - this is different then the census tract based limitations.

Most houses here are newer and mostly tract homes so the utilities are all pretty much the same.