Parts of Cherokee and Forsyth have much more appeal for topography, proximity to Atlanta, and outdoor recreation.

I've been involved in redevelopment, one being an old MH park that was turned into a park.Look at the bigger picture of the area, traffic routes, zoning, recreational areas and determine highest and best use options, select your preference and see the city planners.Now, it could be the city just wants it cleaned up and it's at its highest and best use.

Unless you have a true deadbeat this will work.In most cases it's a matter of having the tenant realize that rent is a priority - before car payments, alcohol, cigarettes, recreational drugs, child support, vacations, gambling, haircuts, and dining out.

The last property I sold using a flat fee listing I got calls from all over the country (property was in a semi-recreational area in CA).

The development has no recreational facilities or private roads.

What numbers would you use to re-create your rental business (50% rule, etc)?

In the case of a taxpayer using more than one property as a residence, whether property is used by the taxpayer as the taxpayer’s principal residence depends upon all the facts and circumstances.If a taxpayer alternates between 2 properties, using each as a residence for successive periods of time, the property that the taxpayer uses a majority of the time during the year ordinarily will be considered the taxpayer’s principal residence.In addition to the taxpayer’s use of the property, relevant factors in determining a taxpayer’s principal residence, include, but are not limited to:(i) The taxpayer’s place of employment;(ii) The principal place of abode of the taxpayer’s family members;(iii) The address listed on the taxpayer’s federal and state tax returns, driver’s license, automobile registration, and voter registration card;(iv) The taxpayer’s mailing address for bills and correspondence;(v) The location of the taxpayer’s banks; and(vi) The location of religious organizations and recreational clubs with which the taxpayer is affiliated.

Economy wise, Portage has been growing strong in the past 5-10 years - A brand new retail section with new box stores and a multi-million recreation center are a couple of the largest improvements in the area.

I do really well in this business and deal in the market of hunting and recreation land.

This is one of those things where you have to decide if recreating the learning curve is the highest and best use of your time.