However we can hit our 10 to 15% of gross  Net profits pretty routinely in the foreclosure end its a crap shoot as you say and just a TON of work chasing them all down..

interested in RV Parks

It is also sandwiched between 2 of the most successful restaurants on the island; connecting the parking lots and charging the neighboring businesses for after hours use could bring more revenue.I'm trying to understand what a reasonable cap rate and market price for this property would be, re-assess the risks and understand actions to mitigate those risks, and potentially explore this one further given that a strike price hasn't been met yet.thanks again for everyone's input, and appreciate any additional Erik

Many of them are either content with low but safe returns, or looking for somewhere to park their cash from selling the farm etc... 

He claims to have video tapes of us "doing strenuous work" and even had the numbers off my Handicap parking permit and claims that I am "obviously able bodied and able to work.

Finding off market homes isn't a walk in the park- it takes a lot of time and persistence tracking down the sellers and getting offers accepted.

It does have a lot of parking however. 

If we talk about countries outside the US, a lot of Europe makes far more sense to rent than to buy, as a lot of purchasing is either historical inheritance or just a place for the super wealthy to park funds. 

I realize it may sound like a lot to look into all of these things, and maybe it's not necessary, at the same time I can tell you from first hand knowledge of individuals dealing with these issues that it can save a lot of trouble by doing your homework first.The other main thing I'd have you consider is what the neighborhood is like, and the parking situation...

Our current home is a tiny apartment in Cedar Park.