That's the dream I'm working on, combines my passions, definite cashflow, sustainability towards environmental factors, and gives back to the community....

You could expand it as you mentioned either sooner or later, and if a developer sees potential then there is likely profit to be made in addition to practicality by expanding the footprint if done intelligently and cost effectively.4)You keep the house as a rental and purchase your next larger home.

As more and more clients ask me to recommend property managers for their SFH, Duplex and Fourplex properties, I'm updating my due diligence checklist when comes to what to ask a property management provider:Here are some of the questions I have:Preliminary (Time in business):Operations (Geographical Footprint Of Properties Managed)Preliminary (Credentials / Associations Involved In)Operations (Number Of Rental Properties Managed)Operations (Property Type Managed and Percentage Breakdown Of Each)Preliminary (Personally Invest In Properties Managed)Legal Compliance With Fair HousingLegal (Insurance Carried)Legal (Contract Terms and Cancellation Policy)Legal (Company Sample)Operations (Managers / Staff Employed)Sales (Rental Price Determination)Sales (Vacancy Fees)Sales (Management Monthly Fees)Sales (Company Cancellation Fees)Sales (Miscellaneous Fees - Marketing, Cleaning etc)Operations Specific (Marketing To Good Tenant Base)Operations Specific (Tenant Income Requirements)Legal (Eviction Timeline - When Does It Start?)

I'd do a contract for a hundred bucks, other good and valuable consideration.You might check the environmental issues, you might be able to fill a small area for a building foundation bring it out of the flood plain with a spot elevation making a buildable site out of it.

It meets all the zoning by laws for set backs with its current foot print but fails to meet the zones 1 acre lot minimum and 150 feet of frontage ( 92 feet of frontage on a cul de sac ). 

We are hoping to expand our footprint from Scottsdale to somewhere outside.1) Cash on cash?

Tech companies are continuously moving here and establishing a footprint in Columbus as well.

The COVID-19 pandemic has made its mark on our real estate industry—from accelerating existing trends (like the reduction of retail footprints) to spawning new ones (such as a bigger focus on social justice and health and wellness).

I am busting my rear suspension to reduce my financial footprint to this level.

We find it especially helpful when we don't have people moving out as often, to refresh ourselves on what to do when.Here are the things I include:Table of Contents:Resources. 4Property Selection.. 4Purchasing/Evaluation Reminders:4Unit Preparation.. 4Sequencing of Repairs. 4Crime Prevention Through Environmental Design.. 5Remove the Cleaning Vinyl and Plastic Blinds. 5Cleaning Cabinets. 6Hot water heater. 6Smoke detector & carbon monoxide detector. 6Advertising to Applicants. 7Utilities. 7Pet Policy. 7Smoking Policy. 9Occupancy Standards. 9Market Rent. 9Evaluation at Vacancy. 11Reevaluating during tenancy. 11Change to rental rates. 11Advertising. 11Tenant Selection.. 12Rating Applications. 14Tenant Selected. 16Rental Agreement. 16Paperwork & Legwork needed for Move in.. 18Move in.. 19Maintenance During Tenancy. 19Maintenance Needs reported by Tenant. 19Maintenance Performed by Tenant. 19Maintenance Inspection.. 20Things to Keep Maintained. 20Trees, lawn care & Trimming bushes. 20Monthly Processes. 21Collecting Rent. 22Rental Financials. 22Gather Market Rent. 22Document. 22Update Tenant Listing. 22Update Occupancy Tracking. 23Follow-up on Late Rent & Late Utilities. 23Less Frequent Processes. 23Here’s things to do on a routine, but less frequent basis.23Maintenance Inspections. 23Review Landlord/Tenant Law.. 23Issues/Changes During Tenancy. 23Late Rent. 23Unpaid Utilities. 24Mildew, Pests, or Rodents. 24Agreement Violations. 24Neighbor Complaints. 24Change in Tenants. 24Amendment to Rental Agreement. 24Abandonment. 25Terminate Agreement. 25Eviction.. 25Judgment. 26Tenant Turnover. 26Items left behind. 27Turning Prior Tenants in to Collections. 28IRS Guidance. 28Misc.