Hello everyone, I now live in Manhattan and own one rental property here.

If she is worried about her gas bill, she apparently can't afford to live in this unit.

I think this arrangement can suit both parties, he wasnt going to be able to keep the house but can still live there for super cheap.

FHA 203k wont work unless youre going to live in the property as your primary.

If you're going to live in it for a bit and fix it up you can adjust accordingly.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

We have a development coming up for approval with the county adding over 100 units bordering our small town and you can bet everyone that lives in our town is upset about it. in the end though, the planning commissions in our area tend to follow the letter of the law so to speak, so if there is nothing in ordinance barring it, they will approve, generally.

While you are willing to work with them, they are apparently happy to live rent free and don't seem to care about you.I had a long term tenant (5 years) who stopped paying the rent.

Do you live in Wisconsin?

I did not go to the best ever conference, but I heard from people who went the sentiment there was the same.