I provide my sellers with a promissory note and require them to give me power of attorney.

Terry, you could be pushing guru status if you say the guy threw the boat in also?

Thank you all, i don't think zoning is an issue but i will be sure to check. power, sewer and water is all there. as far as getting bids on the moving and hook up, is that just calling different companies that can do the job and comparing prices?

They can limit the # of rentals, the type of pets, if owner occupants or renters can have pets, where you park, flag poles, types of landscaping, amount of landscaping, if you can park a boat or an RV and for how long, what size of house you build, how fast you have to build it, the amount of brick you have on it, what types of flags you can fly...and on and on and on.   

I was just in the same boat. 

Foreclosure auctions in major metropolitan areas are attended by a number of “professionals” who have been doing this for a long time; they are knowledgeable, experienced, and have enough capital to buy numerous properties so that they engage the power of diversification.  

We feel the power of Biggerpockets community and are very appreciative for all your feedback! 

Tips (reported tips), overtime, bonuses... all a 2 year average. may be worth making sure you are considered "full time" or have "full time employment" before you apply for a home loan; otherwise, taking a few less hours here and there could result in dropping your purchasing power in the 11th hour. 

Im in the same boat as you wondering what happens next.

A lot of us have been in the same boat, Remona, but you have options.