What does it mean when you look up a property on the appraisal site and it's says under property type: Mineral Interest?

Meaning if it appraises at 575k then a conventional loan will use that as the value it bases the loan off any sale price higher than that would require the buyer to bring cash to the table on top of what ever percentage is required based on the loan type.  

Not an ideal location for Corporate opportunity....most people who do work corporate jobs commute to the city (Grand Rapids) and this significantly affects how property in Muskegon rents (interest, length of stay, type of renter, etc...)

I've never been the "save for a long time" type of guy (and accumulated ?

I always do to give them an understanding of the type of property I'm looking for.  

I have always thought these types of homes should be left to local investors.There are some opportunities to own property with only 5 to 10k out of pocket through buying a home "as is" with a HML, renovating it, then refinancing it to pay the lender back.  

Depending Neighborhood, Asset Type Etc.

I'm taking a much more "business owner" type approach to investing now than I did before.I am about 90% finished writing my business plan, using The Ultimate Beginner's Guide as a tool to help me get the plan in order.  

Julien, PM me and I can give you a couple that might be good depending on the area and property type.

The type of Investing that interest me the most would be wholesale, fix and flip, and maybe in the future rental properties.