Hopefully your coworker is using an experienced agent, or has someone else doing the negotiating that will stay on top of it.

What has already been done in the way of engineering, installation of any utilities, roads, etc.?

I wouldn't go there without a reliable and experienced local partner who knows the area inside and out.

I've been told by my friend who owns two similar rentals on the same street that in the 18 years he's been renting those properties he's experienced greater than 90% occupancy.Thanks DanCiprian L., Thanks!

I'm going to see the property tomorrow so if everything looks good I'll start the engine..

In my experience it takes a skilled and experienced loan officer to weed through the answers in the interview process.

For years, the U.S. government has been adding to its debt with absolutely no exist plan or any basis of the results.One of the U.S. largest financial supporters is now experiencing its own financial challenges - China.Four of the most concerns to me, 1) too many people are already forgetting the lessons learned about too much debt and the results; 2) the growing number of people who rely on taxpayer assistance; 3) the cost of living is escalating while buying power has been on a steady decline for more than a decade; and 4) the number of people in the workforce is at 1990s levels.Another major concern is affordable housing.

My suggestion is to partner with more experienced players with money, but no time for deals any longer.

Welcome Suzette, there are many experienced investors here that are willing to help.

Tyler also, I and my children have been findinga lot of value reading biggerpockets articlesA few examples :~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~www.biggerpockets.com/renewsblog/2013/07/25/making-1-million-in-real-estate-investing-enough-rich/www.biggerpockets.com/renewsblog/2013/07/24/ready-to-get-started-investing-in-real-estate/ www.biggerpockets.com/renewsblog/2013/07/23/wholesaling-strategy-beginner-experienced-investor/