Remember, if you don't own the land you could always work with the current owners and negotiate how you are the "Owners representative"  then when you approach other developers you will have a agreement with the land owner that you must be involved and will receive some compensation and authority. 

If you agree, take action and contact your representatives to express your concerns.https://www.forbes.com/sites/z...

I want my pro forma to be conservative so slightly under representing the value I find far better than over estimating it.Ideally the ARV did not include the new addition and you are doing this work and taking this risk for much more than $7K split with your partner. 

1- I have must less interest right now than I did before due to the unknown about how landlord will be treated and how they are being regarding in the media due to the virus et al2- oops answered in # 1 but another reason is that the current prices aren't representative of what I believe the increased risk is at this point.3- I've got one property coming open at the beginning of the month and am moving it to S8 property for the guaranteed income.  4- I only have one other S8 property and it has been awesome for me so far. 

Just because the owner is selling it as is, doesn't mean he won’t do some work or lower the price.I just represented buyers where did that very thing, threaten to cancel unless seller fixed one thing and then the seller did.

.* Mandate that rental property owners demonstrate an economic hardship to collect the contracted rent.Contact your state legislators TODAY and ask them to oppose AB 828.You can find your representative(s) by clicking here: http://findyourrep.legislature.ca.govWe need to work together fighting this proposed legislation California is trying to force upon all of us.

HUD properties represent over 95% of my purchases over the last 30 years flipping houses. 

Not sure about PA, but in Florida, you cannot represent the owner of a property without a license and signed listing agreement.

Of course, there are lots of other questions: Does that list represent returns or the quality of the neighborhood?

Having one person own so many units represents an issue because of the voting power this person has.