This population growth is putting additional pressure on local housing markets with already critically low housing inventories, leading to sharp price increases that both homebuyers and new home developers cannot keep up with.”

We tell our prospective tenant/buyers (and we always refer to them as buyers) that their "down payment" goes 100% towards their purchase of the property.  

Unfortunately he developed health problems a few years later and we were able to buy for a fair price. 

I'm interested to hear the percentage ownership may have changed to 20%, that would be a welcome development.

Do I go straight to a developer and see what they think?

Overall using google maps and various other resources, the area seems to be a developing area.

Overall using google maps and various other resources, the area seems to be a developing area.The numbers that we are using on the property show potential.

I've developed a tremendous interest in real estate, thanks to BP, and I'm itching to get going. 

I'm scared the price might be a big turnoff for prospective tenants.

Any prospective buyers would have the same questions I'm having, and all I'd be able to do is shrug and say "I dunno, it's been there for 60 years!"