I know how to get 100% financing, and even how to roll the closing costs into the loan, but my question is after closing.What happens if a major problem occurs in the rental property, bad roof, flooded basement, or some other major cost disaster?

:roll:

but imagine some person that rolls out of bed and says to himself "I think I wanna start developing raw land today"

hope my rambling helps a little :roll:

I can email you the executive summary, APOD and rent roll.

:roll: Spending a day with a realtor would be good if...that realtor has stuff to do that day.

:roll: Coming as you do with your first deal under yourbelt, I think you will find this forum most helpful.At least I certainly have.Best wishes!

:roll:

It's a nice lot though almost two acres, rolling, many trees, on a small lake.

That does not mean they cannot give advice on what they DO know.Now for my rant on TonyS you have been a member of this forum since July and like you said yourself you are new and still getting info on RE, like some said on a post in this board anything past a month of studying your stuck and may never get the ball rolling.