Specialized or niche housing like student housing or vacation rentals.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

Its a great place to live, and a very unique area.

It appears from reading the article if you set up a good business plan, find your niche, set reasonable criteria, learn how to finance your deals, learn the terminology and have a solid marketing plan, thinks will turn out great.Obviously starting out, most people are going to have a rough time figuring out what a good "deal" is, what all the terms mean, what ARV is, and so on.

I'd say leave it alone, vacant land carries very little risk, unless there are unique issues about the property or location.

But I think it's somewhat a unique circumstance since he has already "moved out" his stuff.

- Have at least one unique feature in every property to separate it from the competition and save on idle time.

I cannot afford his course, however, I was hoping someone here would be able to shed some light on this niche.

And therein lies the issue, RE financing is unique by terms, collateral, applicable laws and servicing.

A unique circumstance and there were no zoning issues, the rental income was on the owner's tax returns and the tenant had been there a few years as well.

My niche is to buy slightly distressed potential rental properties (mutli-families preferred) , maybe in the "C" column, in up and coming neighborhoods, and turn them into B or A properties.