@Burt Gourley welcome to the best REI site on the web! 

@Michael CavitoloWelcome to BiggerPockets, the site I consider to be Best Real Estate on the web.

I play around with the body of my ads.A website is powerful, I won't go into all the things you can do once you have a web presence.

Sometimes it works and they do very well and move the money into more solid markets with less risk and other times they lose their shirt.It's just like appreciation play gambling in Cali but instead betting on an area turn around play.Myself and my clients stay away from this type of product but there are plenty of others who find it attractive. 

They have no systems, minimal web presence, inadequate bookkeeping, deferred maintenance, and the list goes on and on.You need to get his last 2 years of tax returns, so you can make an offer based on his ACTUAL numbers.  

I need to make it ligit and market it as it would more then quadruple the funds it creates.A pc of land has opened up to me and part of it is a HUGE profitable wild food or wild Ramps and fiddleheads that if i own it I could really expand my business to web sales.

Individual homeowner insurance is a gamble too. 

@Chris MooreWelcome to BiggerPockets, the site I consider to be Best Real Estate on the web.

@Maya S.Welcome to BiggerPockets, the site I consider to be Best Real Estate on the web.

@Matt Sterling you took a gamble and Michael end up with the 8 that got away.