@Huiping Sheng  I haven't been involved in too many sinkhole situations in my remodeling business other than knowing a few people who've had some develop on their property. 

My goal is to develop the SYSTEM that systematically works to find off-market leads, acquires them, fix them enough to raise the rents, and either flip them or hold them (hold is preferred). 

I am a 27 year old business development and sales operations professional in the greater Seattle area.

I'll also cc @Dawa Sherpa on this - who is our calculator developer :)

I believe there are faster, more assured ways of developing long term cash flow than through owning rentals. 

I recently heard about Real Estate Wholesaling from a colleague who has been making some profit from it on the side, and it has shown me that getting started requires a lot less capital than I had thought.I am a Full-time Web Developer.

Hi.I have an opportunity to purchase a SFR and adjacent parcel with 15+ acres in great area for development.

Have any of you gone through negotiations or a sale with any of the local Milwaukee-area developers who are interested in purchasing or redeveloping property that you own?  

Have any of you owned an older commercial property and been approached by a developer looking to purchase it for re-development?  

A cosmetic rehab will help you learn the process and keep your costs down, while developing your list of contractors/subs.