There is an old grain tower less than 2 blocks from my property and we see horses being ridden down the (paved) street on the weekend?

Assuming all the lots are on monthly leases which you could raise rents immedietely:Gross Income: 7 x 225/mo - 10% vacancy = $1417/moStated Operating Expenses: $702/moCommercial loan (119k) 20% down (24k) 20 yr note at 7% : 738/moNegative cash flow of 23 dollars a month.If all 3 acres are zoned for mobile homes you could develop mobile home sites if you have the capital to put utilities in, pave streets and put homes on each site.

Thanks Bill for the reply.I've looked at several properties.Where i'm getting stoped at is the proof of funds letter.which this is the beginning process with lenders and some sellers.I've studied a couse showing me how to get a buyers repair credit and use a transactional funder only on the day of closing.Of coure the seller must have equity and must be on board.but i dont have money to pay for POF.I'm looking at a park in texas,78 space,70 are occupied,0 park owned homes,GOI is 294,000,expenses are 101,400,NOI is 192,700,asking price is 2,150,000.00,current balance on loan is 1,100,000.00,city water & sewer,paved streets,etc.What else would you need to know?

More than that if you goes under a paved street.If you want to really find out what's going on, do a video scoping.As far as the washer not working as well as it has been, who knows what that means.

These guys had small emblems and designs they worked into the doors, moldings, fireplace mantels, countertops, tile work like walk in showers, outdoor stone work and pavings, lamps and light fixtures....you get the idea.For thoses of us who knew, it was like a treasure hunt going through one of these properties and trying to find all the designs left from thier work.

I initially paved my sidewalk with jelly beans but the goddamn pigeons ate em'Toilets broked from my sishter dumpin her pantsMy cat ate all the carpet so I Could use summah that tooPhone: 1800-SuK-MYyDProperty Address: 420 Tig O Bitty LaneScale 1-10 How Motivated are you to sell?

Doesn't make it so, anymore then saying blacktop is ugly.Fresh paved or sealed asphalt to a lot of people is a lot more attractive than washed out colorless gray concrete.

Additionally, the program help pave the way for a bit more of a standard approach to modification and what that means.

Being zoned for a 50 story skyscraper won't do much good if it is 75 miles from the nearest paved road.

Just got a notice of violation from the city for not having all parking areas paved.