Getting sued happens to land on the very top of my list of least favorite activities.

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My niche is the emerging areas, and I work primarily with deals that are land and commercial real estate, however I do some residential as well.

You are speaking their language when you talk P&L and balance sheets.If you are using QuickBooks like Mike and entering everything, QB will automatically produce financial statements at the click of your mouse.

Does anyone know with certainty whether or not selling a home on a land contract/owner financing would qualify for the tax free gain.

I thought that maybe we could do a land contract for a nice low price on a cosmetic rehab?

So Taz, how does the compensation work, is the fee a percentage of the value of the land, or maybe a percentage of the sales, also, do you know the names of any such companies that perform these tasks?

Though that attitude could land me a tenant who just happens to be a litigious electrician :)I will probably mix it up and add two pronged in some areas and GF Outlets in other locations.

Included in the financing would be land - water sources - mobile homes - sheds - decks & a cash cow of rental income with very low expense ratio to income - a small all adult mobile home with never a vacancy, & most of the rental income comes from Uncle Sam.Also when selling something such as this - what is the best way to weed out the tire kickers?

Lose the land line. 2.