I am not a fan of the Schoolhouse Red Brick color but since the roof which is in great shape has White shingles I need to know what color to paint this Brick to make it have better CURB APPEAL?!?!?!  

Not a yellow light or a red light, but green light, the analogy here is that we go forward and get the paperwork done tonight.

That's a red herring.

There are VERY few affordable homes, all the large builders in the area have been building homes in the $140k-$180k range, while many of the new jobs comming into the area pay a rate that doesn't work well with these ranges.Anyway, we got to talking, and it seems he enjoys building smaller, more affordable homes, rather than the 3k-4k square feet homes he's been doing.So , the best thing to do would be find lots in an area and build....But there aren't any, in fact in my town there are VERY few lots to build on, and most are splits from already existing, double lots.So, after talking to him ,it seems the best way to do things would be find an area that's developable and do it.So, i'm curious to know what pitfalls thoes of you who have done this (Succuessfully) and try to learn.

I don't know if that's because this is a bum steer, or because they just don't have the risk tolerance that I do.Let me see if I can rephrase what my 'real question' is:Is there anything about this situation that would raise red flags for experienced Section 8 landlords?

Question:VERY VERY rough guess how much it would be to strip the house and rehab a 4 bed with this square footage and details?

They are houses that are too good to be rentals, so they will be the ones to get the tenants.Already, tenants making $1200 a month think they deserve a 2500 square foot house with granite countertops and a 3 car garage.I've got some nice houses and the best tenants are passing mine by, because they can rent a McMansion for $200 a month more.I've had 1 tenant move out because he could get a better house for not much more money.It's looking like I am going to have to reduce rents back to last years prices.

When you say "I want stated", thats when it throws red flags up.

A big step which is great for some of the industrial property we have here in Monroe County.Anyway, I need to get an update from Bob on where things are at now, but it is my understanding that we are in the midst of more studies, lots of red tape that needs to be hammered out between municipalities, states, federally, etc, before passenger service can start.

Not sure what their threshold is, but repairing and marketing the property is going to cost the IRS a good bit more than it would cost an investor (due to the red tape inherent in any government activity).