I would have a lawyer draw up your actual note & pg but that should only help you attract more family + friends to lend to you.

This will make your terms offer more attractive and every once in awhile you will get the cash offer accepted.

And finally, after considering the area of the condo my friend owns, I realized that it may attract undesirable tenants.  

I'm looking for ideas on how to attract and retain younger, quality tenants. 

MKE is tough you have to be in the right block to attract the tenants other wise you just have to settle and cross fingers..

I’m currently building a team to work with me on house flips and rentals, and I wouldn’t want this land I want for mostly personal use to mess with those goals.Some initial ideas on adding value to the property: -build a pond w/dock, add a food plot, maybe a small cabin to attract hunters/outdoorsmen-fence some or all of the area to make a small profit (enough to cover property taxes?)

It does attract millennials but it also attracts recent college graduates such as myself way back when that want to live in this lovely city. 

I still think there are attractive deals out there, but would encourage you to also make sure you are very comfortable with the type of area you are buying in long term.

I think the Casino is good for retail and attraction w.

He has owned it for about 32 years and the offer is very attractive so he has been considering it as he had previously considered retiring within the next 3 years anyway.