This area and market is seeing quite a push, because of low inventory and majority of the buyers going above the list by $15K-$35K, along with waiving inspection and appraisals.So wanted to ask a few questions in terms of scoring a deal:1-Going in with list price and waiving inspection, as long as list price is meaningful and comparative to other comps? 

That was great news, but there’s still plenty of economic damage the pandemic can cause between now and when a vaccine is distributed to a meaningful proportion of our population.

I don't want to never work, I just want the option to be able to not work, and focus on more meaningful and passion projects of mine.

Please let us know and I think we can contribute more meaningfully to help you out!

In practice, our cash flow is not outstanding due to various extraction of equity.  

These are not hands off options but can produce incredible returns (as of this month all our properties have had all our investment extracted and are producing infinite return).  

The books won't replace the services of a great CPA, but they both educate you enough to have a meaningful conversation with your CPA, and can answer some of the questions you have.

Have to say - don't expect someone to spend their time giving you thoughtful advice when you didn't even put time into creating the thread.Ask a meaningful question, and you'll get some help. 

The high cap rate mom and pop centers can throw off higher yield but you REALLY have to know what you are doing to extract that value.

That’s a forced value creation that will far exceed any appreciation you can hope for or any cash flow you could potentially extract from just a a single family home.Plenty of opportunities here: (1) sell the lots to raise cash and pay off your loans on your existing house to get free and clear property for a long term hold, (2) Sell the front house keep the lots for long term appreciation (they will appreciate at the same rate as houses nearby), (3) Trade a lot to a builder to get him to build a small home on the back lot for you at a very low cost, (4) Sell some of these lots with owner financing for cash flow...