My challenge has been finding areas that will support small scale new construction cost, while producing a good return. 

If I was younger and starting over in this business I would try and become a buyers agent on a very high producing team in your local area.

We have been getting offers from the bigger builders IE Lennar and a few large regionals and this would produce a nice profit now..

Obviously there was no verbal agreement and I found out that the lady has a medical procedure done on Wednesday and probably wants to stiff arm me out of additional funds.

Have what I believe is a procedural question: chasing assets on a debtor in Las Vegas; he lied at Debtor's Examination because Writ of Garnishment came back from his bank "No Account"; started going after his house.

My moving back home stratigy was to try to reinvest the property into an incoming producing property to help him retire.

If I am able to get tenants in the properties and make them no-brainers I feel the value goes up because I took all of the risk and time to get them fully turnkey producing cashflow. 

but have slowly built my portfolio My cash houses are producing 1/3 of the income the rest are producing.

Is this standard operating procedure?

However, comparable sale is typically not what we look at when underwriting income producing properties.