Some consider bringing a vacant parcel to a buildable parcel development, others consider it from bringing a vacant parcel to a developed project development.

I've also been told that I would need to bring funding to the table for double closings.

We will see what this month brings!

A good idea would be to get to know a good licensed and liability insured GC, let them bring experts like electrical, plumbing, HVAC for inspection.

I know I could bring on equity partners for 90% of the profits.

2) That brings up the next question.

I assume the loan re-modification will probably bring down the value of the house to where the comps were-- $40-50K and at the same time bring his payments much lower.

I do have other deals where I partner up that bring me cash.

If you're good at keeping the customer happy, and get good at bringing in business once you advance somewhat, you can get on the partnership track and make some very serious money.If you're willing to move to a different field, computer hardware and software engineer continue to be a lucrative field.

It appears that there are several 4-plexes running for around $150k that have been on the market for 6 months or better.These are 2-bed 1-bath, and should bring $500 per month.