This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.

Over time, we’ve developed a strong relationship with the Housing Authority across various neighborhoods and ZIP codes.

Hi David,I’m just entering the flex space development space and recently joined a mentorship program to deepen my knowledge (I do have experience in commercial MF).

Harder to liquidate, amplified results if you fail, and cash flow less.Pull a list and cold call, or develop relationships with brokers.

I graduated from college in May, and I am currently doing business development (sales) for a property management company while studying for my RE license.

That’s less about the numbers and more about developing a niche and understanding your product.

When your LLC takes a loan, expect as members to personally guarantee the debt.

It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.

Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

(Manhattan condo starts at 2M) I can guarantee 95% properties are running illegally.