In the meantime, think "time value of money", you get the use of that money to leverage into another property, do needed renovations on an existing property, pay for your kids college tuition, or keep your business afloat until this pandemic goes away and you can take a needed vacation.

Being a wholeslaer is having a business.You are in the business of finding and buying land/contracts for a short duration and then immediately selling them.One typical expense for a wholesaler is all the advertising costs to find motivated sellers.

I'm in Tampa, FL but focus on fix and flips in the Fort Myers-Naples area with my business partner since 2021. 

Newbie seeking information on lead sources, title companies, private money resources.

For example, a quiet neighborhood that used to be a busy factory area might have hidden issues, like pollution.

Just like with a residential mortgage would they need business tax returns as well for add back purposes?

The length of holding only matters AFTER you already determined it was a capital transaction, as opposed to a flipping business.Step 1: business or investment?

We were considering having a family member who is over 55 to be the primary applicant, while our LLC is the co-applicant and are waiting to see if the park would allow the title to be placed under an LLC vs. the primary occupant.

My thought was also to just rent the lot itself as it's located on a pretty busy lake. 

After many problems over the last couple years, I really want to just let the situation take its course and get a new business owner in there.