Also, at least one of the counties there is going through a county-wide tax reassessment currently, which is going to greatly change some of the tax bills, so keep an eye on that if the Poconos is a consideration.I can't speak to South Florida specifically, but broadly Florida was one of the worst hit markets in the country in the last recession, it might be a consideration to pick up a place down there during the next market bust if you aren't in a hurry.

The overall lot dimensions for this property are 165 wide by 50 deep. 

Option money is not widely used.

Would you guys say that the $200K+ range is specific to certain neighborhoods or is that pretty much city-wide? 

It's not making you money unless the lease also protects you corporate wide and in receivorship.  

You will find syndicators specializing in a wide variety of asset classes, each with a strategy that may or may not be a fit for your personal investment goals. 

If you are the majority owner, the attacker would control your business by virtue of share control.While you have access to a wide range of deductions and the ability to set up fringe benefits without taxation, the biggest tax disadvantage of C-Corporation is the “double-taxation” issue.

Never sell to a newbie, write a contract for 45 days and market it widely early.

Never sell to a newbie, write a contract for 45 days and market it widely early.

Many investors are afraid of private utilities without recognizing how widely they’re utilized and how they’ve withstood the test of time.