My brother in law told me a few years ago that I was the luckiest sob he had ever known but it took me 33 years of living below my means and working hard to buy enough rentals to retire with the same standard of living that we were used to.

Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

As a result, I've increased the rent to my standards and past other landlords' standards who are afraid to go past 10%!!! 

Expectations for a higher standard of decor and theming has infiltrated this industry and those are the ones that do well.

The materials used for rehab werent up to his standards.

One of the others is 200 lots plus with townhouse lots which are popular.and the 3rd one about 110 lots its a land assemblage so layout is not standard.

Start with a standard offer, and write a contingency into it for electricity, all the below ground utilities, and then work your way to zoning, permitting etc.

@Martti Eckert here's the big issue that no one really talks about that you hopefully find helpful (this is copy & pasted):-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

So act quickly, do as the others are saying and screen him according to your standard criteria. credit, references, eviction history, etc.

Or try the reverse - rehab a property to Class A standards in a Class D neighborhood and try to get a Class A or B tenant to rent it.Unfortunately, many newbie real estate investors are jumping into buying affordable Class C rentals - expecting Class A results.