Thanks for the book recommendation, I'll check it out.As for Comps on surrounding neighborhoods, I know a few realtors but I have also been researching them myself.

One is a land lease- very few expenses, managing tenants and repairing infrastructure.

The government spent billions of dollars to bail out the banks in hope to stabilize the financial infrastructure so bank would start lending again.

I'm weary of anything that comes from a guru, so if you're using techniques taught by a guru, make sure you run any advertising you do surrounding soliciting private money through your attorney to make sure you're not violating any securities regulations.

It may be more than your $4,000 budget, but tends to make the house more attractive as a rental.If the front yards aren't large, you can do a cobblestone center surrounded by free form raised flower beds with a few resistant plants like junipers, and let the tenant plant their own flowers if they want them.

Who would you sell a large lot with small house that needs work (zoned agricultural, about 25 acres, in the area surrounded by the same properties) to?

What businesses are in the surrounding area, or are planned for it?

Shawday,Go to as many local and surrounding area Real Estate Investor meetings.

Just making sure I am in doing everything correctly as I am not familiar with IRA's and the legalities surrounding them.Also, with the buyer using an IRA, would this slow down closing times?

Remember, there are laws surrounding lending money these days, and that argument could lean in your favor.