Of the $75K in gains, some was probably due to the increased marketability of the ready-to-move-in house due to my hard work and entrepreneurial spirit, and some of that was due to the improvement in the overall market over the 6 months it took in this hot, upward market.Over that same period, the house next door sitting in the exact same condition with the same family in it has gone up from $300K to $330K, if they were to sell it.

I decided to let it sit and see what happened.Well, the house is STILL being sold (almost 3 months listed on MLS) and even when the listing price is only at 85% ARV, I've started to think if this can be turned into a deal.

The irony is @Michael Stole is from a place (Ottawa) with colder winters than Indianapolis so I would expect him to be familiar with water lines in winter.That said, sometimes we are in such a hurry to get on the road we overlook something (like shutting the water off or leaving the heat on) only to have that sense of "oh oh" grip us a few hours later as we sit on a plane at 30,000'.

Go sit in the class!

I need assistance evaluating the land that a mobile home is sitting on, the lots are zoned for multifamily, the property is just outside a mobile home park.

The focus is on the growth and returns of the business and not the land it sits on.Occasionally a business will want to own the land instead if they see it as a very long term location 40,50 years etc.

Remember you don't have to own a property to control it.Working in the medical profession you are sitting on all the $ you will need.Good LuckPaul

I can't recall the exact name of the color (midnight blue maybe?)

My lender lumps all my debt together, including rental property, and then performs a DTI using 80% (I recall) of the revenue generated from my rental income and inculudes that as regular income.

Steven,Does this home sit on the coner of 8 and 14?