You can maximize income this way....without the risk of tenants trashing the place or filing bankruptcy and squatting for free.People are always asking me what kinds of tenants we get....and they always think the worst because of rooming house mentality.  

One us a number that you can develop with 100% certainty.  

Mineral rights are valuable, especially in an area of mineral development (like oil).

Any size, any price range.What's the best way to locate the developers or find these building?

Jersey City and Union City, I would argue, are in different stages of real estate development.

I was approached by the Housing and Re-development Authority in my home town where I had bought the house 5 years ago for $25,000.

My systems of investing was called "Trial and Terror", my motivation was "Fear of Poverty".Now after 47 years of Trial and Terror, I still find myself learning about and perfecting unusual alternative financing and acquisition of properties and developing commercial real estate methods.We are developing two buildings on Charles Street now into, what might be, the largest Night Club in Baltimore.

@Tanner GishWith respect to UBIT, that is a tax that applies when a tax-exempt entity engages in a trade or business on a regular or repeated basis.Flipping houses or new home development are business transactions.  

Wanting to acquire wealth and develop certain parts of my community at the same time.  

I do mostly new development around Denver downtown with a couple local builders, so we are constantly looking for older homes to tear down and rebuild with something new.