I know real estate is highly regulated and I don't want to end up in trouble for practicing RE without a license, as happened here:  http://www.biggerpockets.com/forums/93/topics/1847...What sort of deal would be reasonable to propose to the real estate agent handling the sale, or to the owner?

Thanks Jason - one more question for you:Have you ever had an end-buyer bypass you following your proposal and go straight to the seller?

Remember a while back a wrote a post regarding partnerships and investing styles; well I thought I am a very good communicator and have been quite forthright with my partner on such things as my vision on the properties, rent portion, etc all which my partner indicated he had no ideas and everything I propose sound great.Shortly, thereafter he went rogue!  

@Jason Bott,Thank you for this answer.I wander if somebody can propose to insure a property owned by a Georgia C corp. without having to give a social security number that do not exist.

But I can say from experience that in NYC it is tremendously challenging and expensive (for the landlord) as legislation was passed at the state level in New York a few years ago, and then enhanced even further in the city specifically.1) 60% (or 51%?

How do propose to almost double the rents.

Moral of that example, from a personal finance side, always propose using a cigar wrapper, if she says yes, it's about you, then go together to pick out your ring!

I was excited to get more insight with another hour of great ideas in  BP 16-- dealing with Seller-Financing, Private Money, etc. but to my dismiss  I heard only a 4minute announcement that "We had to remove this program because new legislative ' Dodd-Frank' rendered many of its recommendations illegal."  

Your proposed expense do not include repairs/reserves for those.  

For a bit more rehab, could turn it into a 2/1 with an attached 1/1, and even reno the garage for another 1/1, with good rents over the winter months. 2) SCRAPE AND BUILD: On the other hand, I approached a high quality local developer who proposes we do a JV- I bring the land, he brings his reputation, expertise and oversight of the development and construction, and clients- he has several would-be buyers looking to build in the area.