An excellent way to continue succeeding in real estate is buying and selling undeveloped land.

@Steven LewisI'd just use excel for tracking all expenses and income related to that property.For getting paid, you could use PayPal to make payment requests.You could set reminders in your phone to remind you to send out those reminders. 

I have excellent credit rating and available funds for a 20-25% down payment.

I just established a new relationship with a real estate agent and the first thing I received in my inbox was a buyer agreement.

What I wrote above does not create an attorney/client relationship between us.

It is in excellent condition. 

The cash flow is excellent, but there will be relatively zero for appreciation.  

Excellent for Passive Income!

I have $15,000 in business credit, excellent credit and still saving up cash.

I’m here to ask the experts which route I should take, if any.Basic details about me: I’m 34, recently married and no kids but planning to within the next 2 years(this detail is just for you to know that I don’t have much restrictions on moving aside from commuting)I currently own a coop in Yonkers, NY with roughly 50k in equityI am willing to invest in the tristate area but if I have to live in the property I have to limit my distance to Bronx, Westchester and Connecticut.I also have enough saved to buy a 275k property with 20% down or the max allowed with an FHA loan (this is without having to sell my coop)I have excellent credit which will qualify me for loan without an issueThe way I see it I have 3 options in order to get started: Sell my current coop, buy a triplex in a worst neighborhood with more TLC needed, and move to into the property for at least 2 years to qualify for an FHA loan.