Thankfully the process doesn’t sound tremendously dissimilar from the purchase I made previously. 

Michael,, for the for whatever its worth file... the person who said appreciation is the icing on the cake and not critical or that important should be shot  LOL....

. -  Finding a good CPA is absolutely critical for a business owner!  

I agree you should only do what has to be done when occupied but sometime there are non-critical repairs like flooring or painting you need to do. 

Hi Ellen,I have a geotech firm helping me on critical area issue with city of shoreline and I'm sure they can help on your lot subdivision project.

Sounds like it's a pretty critical component of real estate investing.Thanks again!

Those are definitely critical questions, I totally agree.

That depends on market trends, but a property on that critical price point bubble should be analyzed carefully.You are also using some terms in a bit unorthodox way when you say "accept notes on this property." 

I highly recommend it.Additionally, J has laid out 5 critical focus areas of "automating" your operation that has benefitted me tremendously (in a short period of time) at my job. 

Its critical and necessary if your going to flip.. you want to list your own homes.. 24/7 access to MLS is also critical.All those that think the regulations or disclosure hamper you.. that may be true if your ripping off little old ladies but if your just doing business its no hindrance... you simply disclose I have been buying distressed assets for over 40 years as a licensed broker.. never once had an issue. and for those that think it cost too much money that's a joke if you cant afford a few grand a year for your license then your not really making any dough anyway..