I have had people say "I'll bring it right back", and I tell them to call me.

Also, I don't get whey you all have to bring the mortgage broker into the deal with.

Depending on what you want to do they can be very,very involved.Most developers are buying value add buildings already constructed and operating for less than what it cost to build new.They are still building in areas where demand is really high and not much product is available.With that you have to see who is building what and where and how many other applications for new buildings for the area are in the process.You have to time the market with your land purchase,build out,and lease up so that you are not finishing your product in a saturated market.You can have 55 and over regular communities, acute care only,or a mix etc.Income is good but management and regulation is more intensive.Depending on size you would want to bring on a senior housing developer with a track record of experience.

I've learned quite a lot from the experienced posters on this site.Hopefully I can get some advice on a situation I'm facing.I bought several tax liens in my home state of MS 2 years ago.I'm very happy with the returns, but I have one left that did not redeem.It was a homestead property when I purchased the lien, but now it has "estate" listed on the property, and the taxes are now about double what I paid for the lien.So I'm assuming the owner passed away in the last 2 years.August 30 was the final date for redemption, and I have filed to get a tax deed.My state is known to be lenient in favor of the property owner, and tough on the invester, so I do not expect to acquire the property.However, I have no experience in this aspect of the deal, therefore really don't know what to expect.As it is a relatively small lien, I'd like to avoid the expense of a lawyer if possible, as I'm not sure that money can/would be recouped.One avenue I have considered is to contact the owner when I have the deed, and offer a quit-claim settlement for my interest in the property.I'm interested in your thoughts on this solution, and any other ways to bring this matter to a close.The original lien was for $600.

How do you teach some guy that is trying to make 3% that you simply want to make bags of cash, bring whatever he has that looks good. 99.99% will send you the entire MLS.

What would be really interesting to see is how much a 500 dollar investment brings you to your home.

I bring this up because I like the idea of running my own firm some day, but the idea of running the finances, marketing and business part of it are not nearly appealing to me as just being the one who makes the final engineering decisions.

That avoids them bring cash to closing.

You bring up a great point on the log home, it is not in a subdivision and not to much to compare it to, but it is 4200 sqft and paid for so hopefully that will have some weight.

OH and by the way, the police told me Sec. 8 was telling people to Spray Paint the units with a Flourescent pink or yellow circle with a dot or something unique, then notify the scrap yards and police of your mark in case they get stolen and to tell the scrap yards not to take any condensors with flourescent paint and to identify the people bringing them in.