Rarely is it done overnight or by a single generation...acquiring and keeping extreme wealth is a long building process.One of my favorite cartoon drawings is a short series: it shows a large wagon holding a few meek individuals and a lot of folks pulling the wagon.

Since I assume you aren't in the business, have them go thru a loan officer to pull credit to see how long it will take for finance and of course look at debt to income.

I seriously hope that this pending drawdown is not executed the same way as the early 1990s--with a mass exodus of talent and people.Tom, you raise great points about the unpredictable nature of the military.

Just gotta know when to pull the metaphoric trigger!!!

i don't know the Fl market but you could try going to your local REI meeting and talking to the buyers there and see what they're specifically looking for. or talk to your realtor and have him/her pull a list of recent cash buyers and contact them to see if they want more properties in the area.

I love Redding, and all the beautiful natural resources so close by.

Do you have the skills to pull this off?

I'm still a year away from the end of the lease but figured I'd better get my ducks in a row in case my tenant/buyer pulls the trigger early.

I would think they will require you to show LC, repair breakdowns and all sorts of stuff if your going to pull cash out.

I figured I could possibly convert the upstairs 2 bdrm into a 3bdrm (1800 sq ft should allow for 3 bdrms), and the downstairs into a couple of 1,500 sq ft 3 bdrm units - provided the layout works.Im just wondering if anybody knows more about multi-use zoning rules and/or what my chances might be to pull something like this off.