They want to sell this lot and dump the money into another community project and I believe their opinion will carry weight with the zoning committee.

What unites all of them is a phenomenal economic growth phase (for midwest standards anyway) and haveing a large body of fresh water just down on the beach.

-- Make sure a picture of the house is in the body of the letter and the top left of the envelope-- Ask if they want to sell their house-- Include your name and business info7)**When you get a response**-- Do a walkthrough inspection-- Find holding costs, rehab costs, insurance, and other fees (is there a never-ending list of fees?)

-- Make sure a picture of the house is in the body of the letter and the top left of the envelope-- Ask if they want to sell their house-- Include your name and business info7)**When you get a response**-- Do a walkthrough inspection-- Find holding costs, rehab costs, insurance, taxes, and other fees (is there a never-ending list of fees?)

They are generally run by grey haired busy bodies and control freaks who have no understanding of their own rules or the law that governs them. 

Most inspections just check to see if the outside of the valve body is leaking.

@Nate MorrisIt would make sense that the deal may need to be included in a separate sale.Generally when purchasing property, you want to weight more of the value into items with lower depreciable lives.

While you can find partners to take some of this weight off your shoulders, you're still going to need to put EMD down on properties (risking tons of money), your reputation on the line, your investor's confidence in you, due diligence costs (inspection, scopes, lease audits, etc...), travel costs if you're going out of state, and much more!

The multiunit inventory in these markets is so thin that I would not put much weight on the market CAP. 

Having the CPA determines everything.In the general business field, an MBA will will hold more weight than an MSA for sure.