If you're a hands on guy and you want to be physically involved in your investments I'd consider getting into flipping houses.

@Elliot Smith  How you gotten a chance to go inside the units and do a physical inspection  of everything or just  the outside? 

Their presentation system looks better than any agent that has presented to me in my past, it can be done on a tablet or physical print.

The disrepair of physical possessions is trumped by confidence and knowledge. 

@Nick Noon Normally what you would do figure out your offer with the kickback, add 6% (or 6.3%,--I'll leave the math as an exercise) and ask for 6% back from the seller.  

Can someone please post the link to the right threads to go cover the below concepts, I am not quite finding the details I am interested in hearing more about.So you buy a Note for cashflow (for the exercise, it's a new PN).

Not sure who has physical possession of the garage.

Only if you succeed would you exercise the option and buy the property and start with the actual development.So, you're going to have to spend some bucks up front and there is a very real chance this will go nowhere and the up-front money will be a total loss.  

You'll get a better deal with them over the ones from the MLS but you should exercise caution as well.Your best bet is to do your own marketing to find deals. 

I have a very limited knowledge, but it is increasing daily by reading forum post, listening to podcast while exercising and just before bed, and talking to my real estate agent that I have used in the past.