Have you considered Mobile Home Parks?

I suppose if you leased in Central Park you're collections would be pretty good.

My clients use hard money loans routinely, but most hard money lenders want the deal to have upside and for you to have some skin in the game so that their loan is safe.

Because it's a shared driveway, one of my contingencies is for the city to allow me to add at least one new parking spot - roughly a $600 is what I've been estimated plus any retaining wall.

When I was first getting into RE investing, I talked to a man that owed SFH’s, mobile home parks and commercial property all over the US.

We might use River Bend LLC, or Pheasant Crossing LLC, or The Woods LLC, The Cliffs at the River LeBeau, Lincoln Park LLC, or Waverly Meadows LLC.For rental perhaps you have several on Main Street in your town, possible names would be Main Street LLC, Chicago Main Street LLC, or if your building is at the intersection of Main & Lincoln Street, something like Lincoln Main LLC.

Although a totally different thing we are hitting it out of the park (We have paid the mortgage until 2015 already).You might look at Airbnb to see if they have any meet ups.

Up here, parking is far-and-away the biggest red flag.

Unfortunately, this Park is going to be difficult to finance, you’ll likely need seller financing unless you can find local bank that has a strong appetite for mobile home park loans.

I'm renting out my former home in Inman Park/ Beltline.