There is so many possibilities with this property I don't know how to approach it.

When they brought this to my attention they told me water would leak from the ground every time there was heavy rain.

I have garnered a wealth of information from Bigger Pockets, since I started browsing this site, and the information provided, is all practical, cut to the chase topics - geared towards personal development, as well as giving a hands on approach to investing.My background is in the administrative/clerical field, in addition to have owned and operated a cleaning business for 8 years, then went into the insurance, then medical field.

Not trying to start a political anything BUT how did Rush Limbaugh and Hannity get brought up in a thread about books that have made an impact in your life?

I have been approached on occasion to pick up a property this way or the second lender has asked me to help find a buyer.

We have found a deal, but need some advice on which way to approach it.

It was brought to my attention during a vacancy period, so I just looked into it and it went well from there.

Because of this I approached the city asking for a variance to convert it to a commercial use and I won approval.

Your generalized approach could work but sourcing the data would be the challenging aspect of this.

This approach isn't making me rich each month, but in 20 years, if I decide to keep, it'll be paid off and throwing off whatever the rents may be at that time.Sure, making 100k in a flip is great (and looking forward to that deal) but a few more like these and life becomes easy.I saw the benefit of having 50% ownership with finding the deal and dealing with the rehab and the partner made their 50% by letting me use their money for a year.