it wasn't about the minimum balance fees anymore, now it was about setting my own minimum standards. 

If you wish for each home/lot to have their own septic tank, counties or city code will usually require a minimum lot size (1/2ac - 1 ac min roughly). 

Had to hire my own attny to have Diamond release me from a fairly draconian agreement.

In the VAST majority of good rental markets function is MUCH more important than form (aesthetics).

@Jean-Marie Poth I don’t own MTR but did own two B&Bs for 25 years.

Don't invest in real estate because your parents own real estate.Your dad's net worth in excess of 5 million puts him in the top 1% of Americans...that's impressive. 

Just not sure if the headache and stress of owning a property out of state is worth the potential upside. 

ORYour participation was substantially all the participation in the activity of all individuals for the tax year, including the participation of individuals who didn’t own any interest in the activity.

Hey Matt, I work on a team with top 5, 100 agents in WNY who also own 20-40 properties each.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.