Not many communities are thrilled with allowing a home park filled with $2000 homes in their jurisdiction.Of course, if you can get it done, you may have an excellent ROI situation.

I closed on Rental #4 on Wednesday... went straight from that closing to the inspection of Rental #5 which should close here in about 2 weeks.My accountant won't be thrilled with me this year, but things are moving right along.

Too close to the "evil" gambling and the threat of increased crime (whether true or not, the perception will detract) and any casino workers that want to buy to be close to work will be lower income people, so at best they will maintain market level (but based on my friend's income level, I think they will be a step down).What are BP's thoughts on the situation?

He has been through about 4 cycles he said and he said each time for commercial multifamily was the leading drive on the rebound.If you look at cycles they all have similarities and some differences.Recognizing these patterns leads to the best portfolio and the best returns versus risk.What Rich said holds true in that you avoid the herd mentality.People that do not invest prudently do good with some properties and then the others bring them down to a negative to flat position for years before you can recover.Some of these syndicated pools of investors look at the big project as a smaller risk.That is fine if the gamble is made based on the funds entered is only a small percentage of their total worth.Example if the have 2 million liquid and want to spend 100k for an interest in a property that could throw off very high returns than they are still safe versus their overall portfolio.I can tell you that buyers think "I am buying so low there is NO WAY I can lose on this!".

If you want to gamble try sports betting.

Yes I am thrilled at the great advice given.

You don't need to be in GA, you need to be familiar with the market as to collateral.Yes, I get bored easily too, pretty much why I did so many things, wasn't about making money, it's about the thrill of the deals, the ventures, the journey. :)

We were totally blown away when we went over 200 people, stopped counting at 223, because it was so busy, and were thrilled to hear the overwhelmingly positive feedback.

One year tenancy should be enough to argue something in front of the judge.And then you could always gamble a bit: On one side, if it fails, you loose $100 or so filing fee and your time (if you go yourself to court).

So start networking with Realtors, get introduced, and then those "big players" will teach you exactly what you should be looking for - and they'll be thrilled to do so.