Hello BP community!

I found a property recently that had the potential for a second unit on the property! After clarification I found out that isn't what the zoning definition meant.

However that sparked my interes...

This is one of the main draws of commercial real estate investing, and some high net worth individuals purposely invest in large deals that accelerate depreciation so that they can shelter all their income.

Depending on where this location is(which may be worth more than the actual park operations).

I would not pay more than what comparable sales say the properties are worth.

You might be able to drive some small amount of organic traffic using social media but it's very little and not worth it.

Adding value is making the building worth more money.

Note Fannie REO’s have a 30/day resale restriction.  

My note investing goals;Buy lowNon-performingHold and collect mortgage payments Resale to an investor looking for performing note Address: 2124 Tullis Dr Montgomery, AL 36111Asking: $42kLayout: 3/1, single family homeArea: CLien position: 1st UPB: $80,968.80Monthly mortgage payments: $719.78Sale comps: $62k Rental comps: $600 per month4 months behind on mortgage paymentsTaxes: $218/year (actual, from county website)Insurance: $217/yr (based on a formula for a home in the 50k-60k range)Here are my thoughts on how to underwrite it: Offer: $28k Fair Market Value: $62k Modified mortgage payments: $650 monthlyPayment upfront: $5kI came up with the 5k based on lawyer fees, BPO, tax for the yr, insurance for the year and servicer fees.

Is spending the money for handwritten fonts worth it? 

It's worth it; trust me.