Amber Butler, Steve wasn't digging at you at all, LOL, it's my reputation to jump in and try to keep people from getting into trouble, that's all.You're getting good advice from this bunch.

We stopped doing our own taxes and found a good, reputable accounting firm after we bought our first 2 income properties.

I would talk to 5-10 banks and if i was still not getting anywhere, I'd try a broker with a good reputation.

Some people also list properties that might have a highest and best use that is not a park, and that kind of developer does not come around every day- so some properties sit for decades...

The deal also includes 13 acres of developable land, including some commercial frontage.

Depending on what you want to do they can be very,very involved.Most developers are buying value add buildings already constructed and operating for less than what it cost to build new.They are still building in areas where demand is really high and not much product is available.With that you have to see who is building what and where and how many other applications for new buildings for the area are in the process.You have to time the market with your land purchase,build out,and lease up so that you are not finishing your product in a saturated market.You can have 55 and over regular communities, acute care only,or a mix etc.Income is good but management and regulation is more intensive.Depending on size you would want to bring on a senior housing developer with a track record of experience.

He will be focusing mostly on our Landlording, Development/Land/Construction, & Commercial areas, but of course, as always, you'll see him all over the site.Please follow him here on the site and welcome Jon to the team!

I could use some help developing my ideas.First my situation:I am a 38-yo single man living in BK/NYC.

But they are typical of the cheap stucco houses built in developments in that 15 years here.

Developing large commercial projects is difficult.I agree that anyone can probably do the first group.