@Stuart Udis your GL policy covering your construction business is NOT the same as a GL policy covering a PMC business.As I've already stated, we can get a GL policy covering incidents at our place of business.We can NOT get GL coverage on for a slip & fall by a tenant at a property we have no ownership interest in.You are assuming I have no idea what I am talking about, when it's you that do not!

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:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I created a trial account on Reonomy and now have a basic idea of what and fir how much was sold in my area.

Good idea.  

Many work in the shaddows without proper licensing and it usually comes back to bite them.

I know a lot of people use Avail but consulting with a local real estate attorney is never a bad idea.

I have toyed around with the idea of buying raw/vacant land, and running the site planning thru my firm, then selling that shovel ready land for a profit.

That is a lovely idea and intuitvely makes sense.

We had the idea that I would grant him partial equity in the property for paying half of the mortgage.