They have an advantage because they have the labor pool and the systems & connections to achieve economy of scale and efficiency so they can make a profit. 

With all useable land and fertile land(With the exception of Grand Oaks which cannot be cut down; which may serve as an attractive part about the "Community" if several homes were to be built on the subdivisions),  2 water wells, 2-inch water meter and all the utilities; how difficult would it be to find a developer to pick this up, have the deal assigned to, pay closing costs, and pay in cash?

We'd purchase it for around $165K, then put around $24K into it (if we include updating the heating and cooling system).

Is the city requiring you to have separate systems for each of the 2 units?

Mainly doing SEO, but also testing the waters with Facebook ads and google AdWords.

Also, your average property manager tends to stay away from this group.Then for your numbers:-The cash on cash is pretty good-I would verify the dumpster, water & electricity via actual statements.

However if you don’t want to assume the lease you can ask the seller to prepay the remainder of the lease payments/ buy the system from the leasing company before transfer of ownership.

My second investment is in Florida because I don’t want to see myself in court with tenants beating the system.

It was a lot of work going through the process, but once I got my systems in place it's been pretty hands off. 

Guys, how many of you buy directly from the Courthouse, these days it is online, not on the steps . lolNobody can find good deals on Hubzi, Hudson, Xome etc.  So i think when a foreclosure is happening i just have to ...