I have finally settled on a price for my farm (12 acres) which would allow a short plat and development of a cul de sack and build 5 residential lots for 5 of the acres, and then the farm with my own residence on the 7 remaining acres.

This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

This single-family property, acquired in June, is a key piece of a visionary development in Morganton.

I beg to differ and have used them from the New York Development fund for years. 

Research styles and come up with a game plan for paint, stain and furniture. 

As long as your out of pocket expense every month is equal to or less than what it would be if you rented somewhere else then you are still technically ahead of the game.

I have 2 properties that are beside each other in an area that is undergoing substantial development.

Hey @Joe Ferguson, Do you have any experience in development?

The only way to lose the game is to run out of cash.