Anything business related

It was previously listed for 90 days at $129K with another realtor.

The whole thing seems like a scam to me on so many levels -1 ) The "arrears" are listed as a single line item on the bill with no explanation of how they were derived2 ) We have never ever received a bill for any of the previous years (except for last years fee of $60)3 ) There are no minutes or any information about their policies or decisions on thier website4 ) I googled the "directors" of the homeowners association and they appear to be property investor types rather than local residents5 ) My wife was 13 when she received the land - whatever she signed (almost 30 years ago!!)

and I've got a question that I'm hoping someone here with previous experience can help answer??

Air has become a hot commodity in cities such as New York where developers are prepared to pay sky-high prices to add more square feet to their projects through the purchase of air rights.In fact, in a crowded city where the only place left to build is up, air rights are now fetching 80% of land values--previously unheard of pricing--according to top Grubb & Ellis appraiser, Robert Von Ancken."

The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in management overhead has been subtracted.

such as storage facility etc?

Some foreclosed people in my area are looking for a rent to own deal to jump into with lower payments than they were previously paying.

Was previously a licensed mortgage broker, although my license has since expired, and I'm no longer involved with mortgages.

RE really comes down to each person's abilities, strenghts, & weaknesses.I believe RE to be a better investment for the many reasons I mentioned previously.