You're on the right track!

We worked him through the process, brought him a contractor, and gave him all the resources along with giving him tips on layout and all.

So I contacted the tax collectors office and was told there was a legal loophole and that since the building had been owned by a non-profit for part of the year it would receive tax exempt status for the full year.

The lots will be great to develop (either by us or another builder) and that's where the big payback will be on this project. 

I usually advise folks moving to a new area to rent for awhile to get the lay of the land.

The 'guy' can either move out immediately or the can both submit an application to rent the property together. 

Here’s the thing.

You can also use the CPA Finder here on BiggerPockets to get started too.

Indeed, you can get higher returns than that in the stock market at the click of a mouse and, when investing internationally, you'd typically want a higher return than you can get domestically or in the stock market, unless you're mainly looking for diversification or parking your money.On another unrelated note, I love your latest podcast episode.

Are the comps from the Bigger Pockets per unit figures?