The four richest men in in the state died poor because they could not stop themselves from buying more and more land to develop even while the boom was crashing around them.

My bet is that the water lines can be fixed conventionally after using American Leak Detection's survey of the leaks -- we rarely replace entire water lines.As for the numbers, you have to buy this based on not greater than 1/2 of the value of the park when finished, less all cap-x to inject into it.

In terms of negotiating a price and management contract, which side of the bet would you prefer to be on?  

I imagine that would look poor on the bank if they told their customers different information.What you have probably heard is that when investors call local credit unions or banks, they find the lending options to be much more favorable.

The first red flag is that their website is very poorly written and looks similar to most of the other ones run by scammers from outside of the country who have poor command of the English language and don't know what certain terms mean in relation to real estate/lending.  

They are the perfect example of working hard all their lives, saving what they could, and hoping what they saved will carry them through (philosophy of the 'poor dad' if you will).I have a few thoughts, but this is a savvy, intelligent forum of investors with a variety of specialty areas so I would love to hear some creative ideas of how they could generate some additional income throughout their retirement years. 

My twin brother and I left the accounting world after reading the famous "Rich Dad Poor Dad" and wanted to start investing in real estate to create long term wealth. 

@Gregory Cudzilo market in Virginia Beach right now is tough with most market properties selling in days above list, best bet would be to have that conversation with your agent up front so they know what they are in for and can better advise you on the current market in the Hampton roads region

Keep the best performing part of your portfolio, which seems to be triple net commercials, and cash out refi/ 1031 exchange the poorly performing/ annoying part, which seems to be the residential.

That’s the best bet.