Overall, I learned that they are all perform at par to the Ocala and its about the location of the home as there are still lot of areas which are closer to Mobile homes(Belleview) and lot of them need lot of road development for better access(summerfield) 

Their credit isn't up to par to get a traditional mortgage and wanted to know if I would owner finance them.  

I'm interested in REI not just for the potential of financial independence, but also because I am truly fascinated in Real Estate, particularly in the idea of transforming a house from sub-par to a desirable place to live.As of this moment I am a package driver for UPS, and I'm not overly thrilled with my job.

They are on par to do a little over 1MM in revenue this year

Is your income and credit up to par to qualify for a bank loan?

Originally posted by MikeOH: This street had four buildings full of crackers Mike, I had to laugh out loud when I read this part :o) Made my day.

Luckily I was able to get my mortgage adjusted and have a good job that has helped me renovate the house up to par to be able to sell.

As they both needed some significant repairs, i am still working on getting all properites up to par to rent. 

I have studied REITs in detail as an investment banker.Negatives to REITs:1) When you invest in a REIT you invest at a certain P/FFO (a cash flow metric) multiple so you are not buying at par. To

Let me know what area of Texas you are in and I can set you up with that local PAR to help you setup that account.