Hey Raghul,This is a classic debate every investor faces at some point.

Seller seems to think the vacant pads are worth very little, and of the 1.2M paid, most of that goes towards the income producing pads (with homes on them)...because the "CAP rate could not apply to vacant lots".Does anyone with appraisal experience can shed some light on this?

This strategy allows you to tap into your equity without overextending yourself financially.Investment Strategy:Single Property vs.

This will set you up to get future loans.

The tenant of this property is a brick and mortar retail business I own and the current market value of the property is approximately $1.5M.    

Essentially looking for someone to come in and take over the books and payroll (Quickbooks for both) as well as maintain this work from here forward. 

I see you pulled up a previous post regarding this.

A simple spreadsheet for tracking this can be used, I am happy to share a copy of the one we give our clients. 

With this strategy, you start with your smallest amount of debt and then move to your next smallest amount of debt.

Example with zipcode 11203:  https://www.zillow.com/rental-manager/market-trends/11203/Then if the market temperature on this page says warm or hot, I'll look up a house I might want to buy in that zipcode.