My wife was p*ssed.3/24/16: Found BP and posted this thread: https://www.biggerpockets.com/forums/311/topics/29...04/01/16: Filed certificate a sale despite most of my friends, family, and coworkers telling me it was a bad idea.05/01/16: Paid my first lawyer bill (yikes!).

With M2M leases quality of inherited tenants is irrelevant.

Average quality housing with great rents.

I've noticed that for the most part higher price = better quality like anything  We were also looking at a Condo that is significantly less and decent condition (don't really want HOA Fees but the rent could cover payment and HOA) @ 70K, but we could only rent out a 1 Bed/Bath.  

1 bed 1 bath condo in good area. Asking 67 k (approx 1k sq ft). Comps are 63k and 65k and rental comps are 950. I was thinking about offering 55k cash and then working up to 63k. Taxes=1493, hoa=213. Worth getting int...

I can't answer your question about the land bank, but getting a license is probably not a bad idea.  

It wasn't enough to argue about, but it certainly left a bad taste in my mouth as a client. 

I will be moving to Scottsdale sometime later in 2017, but for now will be spending a few weeks at a time here and there transitioning my businesses and getting involved with potential rehabs & flips.I am looking to leave the hustle and bustle of New York to live a different quality of life (oh yeah and to hopefully never see snow again!)

But happy to be out prior to all of the bad publicity of the algea water.

Dude, do you want to have to evict someone and wonder how badly he is going to trash your house?