Thanks Shari,That is exactly what I figured, but Lonnie mentioned a dealers license in his book so I thought I would ask.

"Decent neighborhood" means crack dealers and prositutes only come out a night and no recent shootings

What happens if you are a dealer in one business and not in the other?

Be ready to kick out all drug dealer and prostitutes to get better tenants that pay their rent and do not tear up the property. revenue will drop for a few months while you do that. 100% occupied is it, i would have to know the area but that tells me he filled it with anybody and every body and you are going to have to clean house.

Rent to a convicted drug dealer, and word gets out.

You will have to have just the right location -- one in a market that restricts new construction except for your one deal, and that's hot enough for dealers to fill the lots without your involvement.

Not sure if I have to deal with city permits, planning offices etc.. in addition to getting the homes put on site, getting them sold etc..I'm already looking into getting my dealers license to make things go smoother in the long run..

Because dealers have lower inventory levels due to fewer trade-ins during the pandemic while they’re also experiencing a surge in buyer demand.

We went to a showroom the other day that had all the different types of appliances.They were doing demonstrations there for dealers.

An example of held for resale is a developer who buys land, breaks it up into lots and sells the lots (this is a "dealer").