Permits, I've talked with the local government and have been told the process essential is talking to every land owner in a 1000 feet, and putting an ad in the local news paper to see if anyone objects.4.

He's going to lose money, if he reduces the price any further, but we had to break the news to him that his property is priced too high  He has priced the property based upon the $ he has put into the home, not based upon what his specific market will bare. 

There's another kind - digital securities.

I do think that it is a good deal in the current environment, especially considering that the property is close to a university where enrollment is growing at double digits.

Housing Markets That Will Rule 2018https://www.realtor.com/news/trends/top-housing-ma...The 20 best cities to own investment propertieshttps://www.businessinsider.com/the-20-best-cities...

@Robert Perry Yay exciting news!

This offer is only good for the next 5 days.Here's what Pro members get:Better, direct conventional mortgage lender - $1,000 off closing costs ($1,000 in savings)Roofstock, leading marketplace for buying tenant­-occupied rental property – Save $500 at closing on first investment property ($500 in savings)NBKC, full-service, FDIC insured national bank and an approved Fannie Mae and Freddie Mac lender - $200 off closing cost and 0.25% off mortgage interest rate ($200+ in savings)Sense Financial, convert 401k or IRA to use for real estate investing – 30% off setup fees ($300 in savings)Buildium, property management for property mangers – Get 20% off first year of annual subscription ($30-$40+ in savings)Rentometer, easy way to compare your rent with other local properties – 50% off Pro monthly subscription ($15 monthly savings)RentRedi, property management for owners that self-manage – 40% off monthly fee ($8 monthly savings)NeighborhoodScout, leading all-in-one platform for real estate trends & data – 20% off first first monthly or annual payment ($10- $287 monthly or annual savings)AirDNA, interactive tool to analyze the global short-term rental market – 30% discount for first 6 months (savings range)HomeAdvisor, digital marketplace for connecting with service professionals for home projects - Free concierge for hiring & scheduling service professionals ($500+ value)+ more!

@Chris WiermanIf the zoning is already setup for you, that is great news. 

I'm just seeing a lot of negative news, seeing DOM go up, more price reductions, and more inventory on the markets I follow.

I found Reef Oil and Gas, and then read some negative news reports about them and crossed them off the list.