I like as much data as possible, Chris brought up great info, I run my own also; like for like sq ft bed/bath count, close radius, only closed sales in tight time frame, not separated by busy surface streets, pole line open space etc.

I still have many miles to go in my business, but from a networking perspective, committing to a few events changed everything. 

I am always concerned about the overall business and making the best decision for my property and my tenants.

I don’t know where you’re doing business and I’m not an attorney so in addition to actually going to the HUD office you should seek legal counsel.

I'm in Miami FL right now for 45 days for business development and they allow for densities as high as 1000 units per acre. in Columbus it might be 50 units per acre. density always wins and drives down land cost. keep land under 10% of asset value upon completion. those are my best tips to get started 

We are definitely going to change the way the business was being managed.So here's my question: what's the best way to change the rent given our situation (Below)?

G'Day everyone,How many of you look to other successful companies in your niche and implement something they do within your business model?

Our brokerage does a lot of business out there. 

This poses a challenge because one of the requirements for a 1031 exchange is that both the relinquished property (the property being sold) and the replacement property (the property being purchased) must be held for investment or used in a trade or business.If your client's mother purchased the land less than a year ago, it's unlikely that it would qualify as replacement property for a 1031 exchange because it hasn't been held for investment or used in a trade or business for a sufficient amount of time.However, there may be other options available to minimize the tax implications for your client and his mother:Hold the Property Longer: If your client's mother holds onto the land for a longer period of time and can demonstrate that it is held for investment purposes, it may become eligible for a 1031 exchange in the future.Consider Other Investment Properties: Your client could explore other investment properties that have been held for a longer period of time and would qualify as replacement property for a 1031 exchange.

I am considering options such as launching my own business to working a 9-5 to working in the real estate industry and many more.