Identifying property that is zoned say for residential that can be re-zoned for commercial is a great way to add value to a property, but that's probably not where you are with this post.The mobile home can be a a matter of obsolescence, a funtion that causes the devaluing of real estate.

As some may know, I got into some transactional loans on here with another BP member. I

So first off, as a new guy I just have to say THANK YOU to every BP member, I have never learned so much in such a short time!

If I did my math correctly you are averaging about 8.5 posts per day since you have been a member!!   I

*This post is informational only and is not to be relied upon.

A family member is offering to gift a property to me, its a 4plex in a good neighborhood with no current vacancies. 

Perhaps I am just lucky, but I have a team member I can trust and more often than not, my pre-determined exit price is the same as what I am given (which gives me confidence that we both did our numbers accurately).

It would be impossible to do out of state as you would be relying on outside sources and people for 100% of the transaction.

Although it seems improbable, real returns can be distorted because of the most dangerous assumption inherent in IRR calculations, this being that interim cash flows will be re-invested at the same high rates of return.

Although there were two residential structures on the lot, it was part of the areas that going to be re-zoned as industrial.