There are thousands of people in the Bay Area who were middle class, not high earning tech workers or doctors, that are millionaires from owning one to two properties going way back to 1970s to 1980s. 

I’m honestly not sure what parcels would end up fetching.I see some going for his little as 50k then others for a lot more in the area with seemingly similar characteristics.I think fixed up the house should fetch at least high 200k range but the home is right in the middle of the total footprint so if I decided to keep the home then I could probably only get three parcels out of the property instead of four.If anyone knows any good general contractors that can do end to end w the southern jersey area that would help.

Purchase price: $250,000 Cash invested: $250,000 A 1 family to 2 family conversion property in East Elmhurst NY.

I have been amazed by how much community owners will ask for parks that are posted for sale.We had a community for sale in Orem Utah, about 200 spaces asking $40,000,000.It is not unusual to see Parks that are right in the middle of the city asking $100,000 per space but that would mean CAP rates are down to the sub 5's.

Its like its football and its 4th down and you need 1/2" for a first down, keep it simple and run it up the middle.

I grew up on the east side of the town with a well versed knowledge of the neighborhood.

Most of the largest cities in the Midwest, includingChicago, Detroit, Indianapolis and Minneapolis, rank in the middle of the pack.Geographic and infrastructure advantages support leasing by small manufacturingand distribution tenants in these locations.However, limited population growth, or in some casespopulation losses, result in less robust leasing among smaller tenants in localconstruction trades.

I grew up on the east side of the town with a well versed knowledge of the neighborhood.

Every house I’ve lived in was in the quiet suburbs where we did chores on Sunday.A few years ago, I sold my primary residence and paid cash for a townhouse in Old Town Scottsdale, Arizona smack in the middle of all the fun.

My advice to you is to make sure you have a rock solid team available to you because the things that will really trip you up are the service calls whether they come in during the day or the middle of the night.