When I approach someone in a tough situation, I get right to the point but in a way that is not condescending or insulting. 

Find out what they NEED out of the deal and then structure it in a way that solves their problem and creates a winning situation for you too!

I've seen situations where a land is purchased,with building permits on hold for about 8 months at the minimum. 

However, there's an interesting property situation that my mom's living in, and I used it as an opportunity to pretend-crunch some numbers.

I just have an aquaintenance that has a nice system down with air bnb, but I've come to learn it's kind of a unique situation.

So I believe I qualify as a trader as opposed to an investor however I do have some long term investments.Income started with my job (I still work) and birthdays/holiday money.I think I'll wind up being a trader, securities though may be the grey area for my current situation though.

What do I do in this situation?

Michael I went through the same situation last year and came across a quality 12 unit new on the market.

I am in a similar situation in MA as well.

But does anyone have any experience with this type of property situation?