But whatever you do, remember, Return on Investment (ROI).

Remember the "old Florida land scams" back in the 1960's?

Also remember, just because someone is bidding does not mean they know what they are bidding on, they could be an idiot.

Remember - Referrals and repeat business.The divorce may produce 2 clients, husband and wife and I want them both.Hope this helps.

When I read the post title, I couldn't help but remember something.

In my reading, I've come across the suggestion that an ideal situation/purchase of investment property is one in which the seller finances the purchase.

One thing to remember is land investment is a non-revenue (meaning long term or speculative) generating investment therefore the money invested is throw-away until you sell.

That's all I can remember off hand and need to go.

Here's the list of the one's I have...thought it may be easier this way:AddendumAffidavit and Memorandum of AgreementAgreement for DeedAssignment of ContractAttorney ApprovalBill of SaleClosing StatementDeposit NoteLetter of IntentQuit Claim DeedRE Purchase ContractRE Sales ContractBuyer’s Property Inspection ReportCash Flow AnalysisMarket Sales AnalysisProperty Analysis FormProperty Rehabilitation AnalysisSeller Information FormInstallment NoteMortgageMortgage Loan RecordPromissory NoteMonth to Month Rental AgreementPet AgreementRental ApplicationResidential Lease Rental AgreementResidential Lease with Option to PurchaseWaterbed AgreementBuyer ProfileWeekly PlannerWeekly Priority Schedule30 Day Notice to Terminate TenancyExpense Allocation SummaryExtension of LeaseLandlords Five Day NoticeMonthly Income RecordMove In Move Out FormNotice of Overdue RentPermission to SubletTenants mandatory Notice of Intention to VacateLet me know if I can shoot any of these out to anyone, and please, always remember to check them with your local laws!!

Personally, I think he over-renovates his houses, but he's apparently a great marketer, which makes up for a lot.Also, remember those homes are in SoCal, so the perspective [and numbers] are different.