The human element is unpredictable.Anyone with success, experience or interest in this area?

This next element is KEY-- 'Devolers DiscountWhich means your tax base remains AG until the land is physically developed and not merely an idea.

Of course every city has it's "pockets", make sure to do your due diligence and drive by the neighborhoods during the daytime and at nightime to see what type of element is around your target neighborhood.Jose

The most important element is they should report to all three credit bureaus.

Hi Michael,I see gentrification, in some areas, and some areas I would not go into day or night.I doubt D-Town will come back to level of Chicago or Austin in our lifetimes because I do not see the high paying large scale multi-multi employer base in the area.There seems to be money to be made there in the non-life threatening areas though, and with the local "Rah Rah" for the area that will probably continue as the dangerous element is driven out by higher costs (where they are going is important too, because dangerous areas seem to be on the move now).In addition to real estate, I see money to made there in (good affordable) startup restaurants, and franchises in super safe walkable areas such as McDonald's or Starbucks (because these franchises seem to work everywhere).Detroit still suffers from city government issues and it's reputation as the Murder Capital.Though I'm not a commercial building investor, I think 4 story or lower (the lower the better) commercial buildings (store/restaurant) that can be bought cheap and refurbished to current standards (providing you can get commercial contractors to go there and work), then held and rented seems like a decent prospect.

The missing element is DUAL INCOME, which is essential for the bay area and silicon valley.

Assigning a contract with an owner finance element is the same as assigning any other contact, but with the extra step that not only is the contract assignable, but the owner financing is also.Alternatively, you can create a special purpose vehicle (spv), essentially a Limited Liability Company as a “clean shell”, and enter into the contract in the name of the LLC, with the LLC as the recipient of the owner financing.  

But basically those places attracted a certain element. I

Sadly, it is also typical for HOA's to simply tell you that YOU need to work it out directly with the other Owner unless a common element is involved. 

With commercial, it's a little bit different because the numbers are the numbers, and most clients are all over the place emotionally.This emotional element is something to consider as well, know thyself.