For other parcel use types, for your sake I sure hope you do a boundary walk, view soil surveys, and all the other due diligence you should before handing the cashier's check to the parcel owner/seller.

Also made it all contingent on site eval and what comes out of soil eval/recommendation.

Depending on what's required for my personal income, I do have a business partner (my husband) who has a full time job with stable income, and a healthy balance sheet should the combined income not sufficient to get a loan.

http://www.trulia.com/home_prices/ I definitely agree, any such map or analysis needs to be viewed with a healthy dose of skepticism.

I would advise having a healthy reserve fund, for my unrenoavated rentals I keep about 7k liquid per door.Feel free to reach out if I can be of any assistance and best of luck investing! 

I do have healthy liability insurance ($1,000,000).

It's probably a healthy thirst for knowledge that leads to the desire to understand how these things work, both on the compliant and non-compliant side of the regulations.It's not uncommon for clients to initially be quite surprised that there isn't anyone at the IRS proactively watching over all of their activities to make sure they don't violate the rules.

There also appears to be a healthy rental housing demand in Garfield and the market rents would support the expenses and generate income. 

Couldn't be happier of course and happy to say she is healthy and happy but she cares none of our tax deadline! 

Foreclosure is not the only solution and a loan workout is a win/win if the borrower is able to resume payments since they get to stay in their home, the neighborhood has one less vacant property and the note investor gets a healthy ROI on his/her capital.