I kindly request you to please clarify this definition in simple terms.I don't know how else to explain it, it is there in plain English...and the thread is 2 years old.... 

I don’t know what kind of land I’m looking at.By the way, this doesn’t mean my perspective is correct.

I kind of figured that would be the standard advice and you are completely right, *I* do not want to be the one dealing with an eviction.What has been your experience with owner-occupied foreclosures?

-Razan  Hi Razan, welcome.Your question is kind of up to you and your comfort level.

Hey BP,I've been thinking recently on a topic that surprised me when I realized I had kind of thought this way my whole life and that is - going across the river to Illinois.To be more specific, I grew up in O'Fallon.

What kind of work will be needed for the turnover? 

Its kind of natural that you will probably attract more buyers in the beginning.   

Because you do see this kind of stuff all the time. 

So I'm looking into rentals, probably out of state since the California market is kind of high.My realtor says we can list the house for $1,010,000 now.

(What kind of splits?