Hi Folks, Tersely: how I and 4 other GaREIA (http://gareia.org) members bought a $1.1M mobile home park 2 weeks ago I'm wanting to share in as few as steps as possible on how anyone of you...

What if you pull out all the carpet and padding and find a big portion of the floor is repaired plywood?

Run it through the Rental Analysis here on BP...https://www.biggerpockets.com/buy-and-hold-calculatorI come up with $165/mo, using the 50% rule.

Then you have everything that goes with acquiring accounts and standing up a professional business and appearance - because, lets face it... no one trusts a guy with a spread sheet and a note pad. 

The carpets were so old that the pad had disintegrated in places but once we vacuumed it up the floors still had their original shine which had been covered for 50 years.

I once had an internet provider enter a property and his knee pads were crawled by a dog then he refused to enter. 

For example something like carpet, maybe you choose to pay for the carpet and pad and they pay for installation.

We did one where the 1987 OSB they used for flooring was too thin & sagged between the joists.I used the same leveling compound they use for tile work laid a heavy pad & carpeted over the floors.The foyer & hallway we just tiled after the same leveling.If the joists have sagged it's a lot more work ESP if the flooring is the old tongue in groove pine with a subfloor on top.But one of my friends many years ago used Fiber glass shards & resin to fill the voids, but he got it as waste product from the place he worked so it was minimal cost, but it seemed like a lot of work.Good luck

Stanley*(1) Success Principles by Jack Canfield*(1) The Total Money Makeover by Dave Ramsey*(1) Investment Biker: Around the World with Jim Rogers*(1) The BiggerPockets Book on Flipping Houses*(1) The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz*(1) Inspecting a House (For Pros By Pros) by Rex Cauldwell*(1) The Basic Steps in Real Estate Exchanging by Royce Ringsdorf*(1) Mastery by Robert Greene*(1) Flipping Houses Exposed by Danny Johnson*(1) Shift by Gary Keller*(1) Atlas Shrugged by Ayn Rand*(1) Winning by Jack Welch*(1) The E-Myth by Michael Gerber*(1) If You Give a Mouse a Cookie by Laura Joffe Numeroff*(1) First Things First by Steven Covey*(1) How to Win Friends and Influence People – Dale Carnegie*(1) Titan: The Life of John D.

I have been reading, studying and investing in real estate and it looks like the predominant focus of my investing has to do with structures of some kind, house, commercial, etc, I am also getting more interested in land purchase and sales, whether improved or unimproved.My first question to the group is are there strategies and financial success stories of folks just making a living on selling raw land without a structure; if so, what; if not, why.My second question is what would be the added value for land that had a septic system, pad and electric at the site or if the house was a total loss, has anyone developed any strategies on making money on this or is this something to "stay away from".