Most of the big land wholesalers whole-tale the deals, meaning they actually buy/close on the land (using their own money or other people's money) and then list on the MLS to sell, because it is very difficult to find buyers without widely marketing it. 

I once paid a $53,000 assignment fee; I can say, it was extremely upset when I got to the closing table, but even with that $53,000 assignment fee, I will still buying at at .40 on the dollar.

After several months of trying to get code enforcement to clear us and not getting any response from there end, and escalating to a superior who apparently did nothing, we considered the matter closed.

10K back at closing is wonderful!

The second of two homes I bought when I sold the rental, I would have bought a more expensive one as the one I got was close to the university and tended to attract students which had higher turn over (though it may also be my local market).I'd also look up how to do a 1031 (I think that is what it's called, I'm not in the US) where you defer capital gains taxes on rentals by buying another within a set period of time.

If he closed and now has to move in and has an attorney, he should be fine.

They took a $1.5 MM property and found in this property:- $250k worth of 15-yr property which is paved parking, fencing, landscaping etc.- $150k worth of 5/7-yr property which is appliances, cabinetry, carpets etc.This is pretty typical for a commercial property cost segregation, and I see nothing wrong with it.The problem is in the line above that, called "Selling price."

The once-iconic retailer Kmart is closing its final full-size mainland store in Bridgehampton, New York, on October 20th.

I will be up there this upcoming week and will evaluate what needs to be done and look for a handyman and cleaner that are close by.

@Michael Dallas, where are you in closing process?