Hi everyone,I am currently planned to close on a rental property in southern Indiana and will inherit a long term tenant.

The sales price is contingent on the property appraising for the agreed-upon value in that given timeframe.The goal of subject to, for the buyer is to take advantage of your low interest rate, maximize profits to pocket as much cash flow as possible, and then, however, in many years be able to cash out refinance and pay your mortgage off in a lump sum to acquire full rights of the property.

Now, how many leads have I gotten or deals closed from these additional sites?

I’m buying a piece of land that has had a house on it before (it burned down) and currently has an old mobile home, on the other side of the property, that I’ll have to removeFor those who’ve purchased land, what would you do before close?

A 1031 exchange, an installment sale, and a Delaware Statutory Trust (DST) are just a few.

Have close friends to buy vacation rentals in Valencia.They pay cash and don't care about it as a business- more so a place for them to visit when they want.

For one project I had a GC submit a bid that was $500K less than anyone else, but they didn't follow the bidform, and when I looked closely they omitted a whole bunch of stuff. 

Look at the GIS property tax files for lots near you of similar size and recent sales for a price.Trailers are worth nothing.  

I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.

Most of the lots aren't advertised for sale, but you can use the GIS system and other resources to find and contact the owners.