Have a few properties I am looking to off load in 78223Hey Ezekiel I can probably get you some cash offers on those houses you're looking to offload.

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

I have an idea that is either crazy or brilliant, and would like feedback.Nutshell: Find older (70+) cash-strapped homeowners with lots of equity who want to stay in their home.

Has anyone found the note business to be a good cash flow business?  

Ensure you have enough reserves for unexpected expenses, and understand the property's projected cash flow to avoid overleveraging. 

@Miguelli Fernandezif you buy something with 100% borrowed money, you will likely be cash flow negative every month. 

We dealt with rentals, flips, commercial, small apartment complex developments (~10 apartments), sport facilities, and a few government contracts.We are actually very open to different opportunities and investment approaches, but our plan was to start "smaller" with some cash deals in NJ (maybe somewhere in the area between Staten Island and Philadelphia, but staying in NJ), by flipping a few smaller properties and starting to generate some income.

If the Investor puts in the cash for down payment and gets a loan in their name, they have both their cash and their credit at risk.

I bring design and creative value in concert with cash equity to my homes and developments.

My understanding is that a lower price to rent ratio may indicate a property’s ability to generate cash flow.