Good luck, you can benefit from stronger price appreciation if you sell individually to OO as well.

Adrian Jones You are responsible to put the house back to code unless the city will say that it is grandfathered, yours is a great example: a non-habitable space converted into a habitable space that has no permit means that you are responsible to convert that back or get the permit for it, meaning prove to the city bldg and safety that the space is safe to live in, remember that everything is tied to a code, there is slim to none chance of that having approved but the possibility of approval is there.

But if you buy new flooring for 8 grand plus the old flooring sitting there you have 16 grand tied up . 

The key is to tie it up early.

I am finding better deals that cash flow is stronger in SFHs compared to MFHs, but am worried about scale with SFHs.

People have a stronger appetite to rent than to buy right now.

I am not an employee or "shill" for AllyBank.)If you don't mind tying up cash for longer (~ 9 to 24 months) any of the older more-established top-name Real-Estate Crowdfunding Debt Lenders (1st Lien Debt, not Equity)  providers have worked well for me earning very high yields (~9 - 11%). 

Here's a general overview:130 acres of land split between two parcelspreviously operated as a golf course until the owner passed away; it has since been shut downalready has a septic system for the club house/restaurant that has been maintenanced regularly (not sure how many homes it could sustain)land was evaluated by a developer, but was written off due to a lack of public water/sewagetownship told me (not in writing) that public sewage and water will likely go in within 5 yearsthe land is aesthetically pleasing with rolling hills (slight grade) and a few pondsOwnerswell off financially; want to sell but are in no hurry; they are considering a few optionswilling to work out flexible terms: owner finance, lease, lease optionrequire that in the event of a lease or payment delayed owner finance situation, that the taxes are coveredLocation2 minute ride to the highway11 minute drive to a Walmart Supercenter$93,000 median home sale priceone hour outside a major metro6.2% unemployment rateStartup Capital Required: Property taxes through-out development of first phase of MHs until income producing; then split profit, begin payments, etcEngineering plans for 50 homes (expandable to 200 based on demand)surveys, environmental assessments, permittingdesigned to eventually tie-in to public water and sewageConstruction of lots, roads, and foundationsPurchase of new homes to be sold offI believe there is a significant demand for a family friendly park, retirement community, or both. 

It must have $900,000 tied up in opportunity zone property within 180 days.

You often see it in commercial where an operating business wants to free up capital to expand and they have lots of cash tied up in their RE.