A large lot in question.Specs:* About 4 acres* Zoned Multifamily/Apartments* Highly populated and desired area of the suburbs* Off major road, next to large apartment complex, Townhomes community* The road that takes to the lot is narrow (no through-traffic), and has a dead end.Given that the lot can be purchased (really) cheap, but there is no assistance from the seller and no land research experience on my part, what do I need to do for DD?

You can find large numbers of experts from around the world to do many things at low prices and with verified experience.DIY does not work if you are not already pretty knowledgeable.

You could always leverage into an apartment building ( 5 units or more ).Value is based on cash flow and cap rates instead of comparable sales approach.Economy of scale is easier.Just depends on long term goals.Right now debt service is cheap.It's easy to take equity out and put it to work for returns above debt service.When prices and interest rates rise that will be harder to do on the purchasing end.

If you were to approach me, I'd tell you to have 30% to put down as well as have 6 months reserves (mortgage and insurance payments) on top of that.Of course, the property must be above board as well, and by that, I mean it needs to debt service the loan, have a stable occupancy level, good tenants, no large deferred maintenance issues, etc.

Both purchased pre RE collapse as pre-construction with 100% financing (irrelevant)...I see a large disparity with the prices of certain homes Im looking at, and the potential Section 8 Income.

You lose:- benefits (such as medical) which are costly to get on your own- a source of recurring funds- some ability to get lines of credit of loans- ability to qualify for various loans at banks- a lot of your ability to get back in the job market several years later, if you change your mindIf you do, make sure you have a large cash cushion in the bank.

The consideration then is the incremental cost of adding to that mailing.With regard to mailing to distressed situations only, I find that the obvious candidates, pending foreclosures and bankruptcy etc. leave out a large segment of the distressed homeowners who don't even consider that they have options in this market.

I know Jarred E. is selling a large inventory of turnkey properties in Atlanta.

A large amount of Ca$H today is always worth more than collecting small monthly payments over time.

The parks the have a chance for approval are large parks, providing sidewalks, paved parking lots, recreational amenities, and plans for most homes to be the larger types.