Like you mentioned, its likely watched by many others and is not the low hanging fruit. 

"What if" scenarios on this site drive me nuts because real estate has so many variables, even before factoring in local laws and gray area aspects.

(assuming that rehab is not crazy nuts insane.)   2.  

Rural might be low hanging fruit for regulation avoidance, but the urban areas have a need and I believe a demand - we just need creative minds to work through the regulation fog until we make it to the other side :) It sounds like you have some great background and perspective and I very much look forward to learning more from you!

I don't think the HOA is making you pay $23K upfront that would be nuts!

The note was low hanging fruit in the seller's portfolio that I probably could have paid less for.2) Go into the deal knowing that keeping it as a rental had to be one of my main goals.

You can't make anything more of it than it is.In your bundle of sticks, you have different types of conveyances, an easement is not a lease and does not carry the same rights as a lease, with quiet enjoyment or being entitled to the fruits of the land, so your comparison is also flawed. 

A few turns on both nuts stopped the leak.

@Daniel Weaver I think it's a great feel good story, but let's get to the nuts and bolts: As currently proposed this program will help 10 people purchase homes.

Originally posted by Jamie Engledow:tax appraise it at about $100,000 more than my real estate agent says they can sell it for in todays market That is nuts.