Once you get comfortable with the process and you find a deal worth pursuing, reach out to the listing broker and request the trailing twelve month financials ("T12") and current rent roll to get a better sense of the financial prospects of the property.I also recommend a few books on this topic that should help you get comfortable with analyzing deals: The ABC's of Real Estate Investing by Ken McElroy (Chapter 7)The Ultimate Guide to Buying Apartment Buildings with Private Money by Michael Blank13 Steps to Valuing Your First Multiplex by Ben Leybovich

Others have a regular contract with an addendum for the seller financing terms.You'll need to determine the local customs with an Realtor or a lawyer or both.

Every day we have letters typed by us that we have our front desk associates address by hand in between phone calls & customers. 

They should tell a prospective buyer to get their own bids.

Nonetheless, I inputted my goal to time block 5 days a week from 10am-1115am to prospect and follow up to acquire new buildings.In 13,14 and 15 we where on a buying spree.  

Supposedly modular can save significantly over custom home builders.Does anyone out there have thoughts on this?

Games are won by players who focus on the playing field –- not by those whose eyes are glued to the scoreboard.If you instead focus on the prospective price change of a contemplated purchase, you are speculating.

Learn from any mistakes and turn any fear into something that is funny or something else that will help you.Always remember to do all of the cost numbers analysis and try to look at prospective properties or at least have a clause in the sales agreement that allows you some time (usually 10 to 15 days) to make a detailed inspection and possibly back out of the deal without a penalty that will hurt you too much.  

What's great about real estate, is that it is customization to match your risk/reward.    

Your prospective land-owner partner can contribute the value of the land to the project and then let you manage the development process.