It is a plot of land that is on the market for “cash only” .The reason why the property is not able to be financed is because of the type of dwelling unit on the property.

Don't be fooled thinking that just because a PM is a licensed broker that they have any idea what they are doing with regards to property management, most are just agents looking for some extra cash that took on some clients by accident, but we find most don't follow the constant stream of law changes in NY, nor do they have the support or systems in place to manage professionally.  

During the 5 years, you would need to increase rents and other income streams from the property to increase it's actual value.

In heavy rains, there was an actual stream, running with a high volume and at a high speed, making the erosion worse with each passing storm.I laid out a new design (below) and hired a paving contractor. 

@Charles Ngansop how detrimental is this single tenant to your overall income stream?

Maui County recently passed a bill that increased the size and number of allowed accessory dwellings in several zoning districts.

Scenario: 2 bed 1 ba house in high appreciating area in southern ca (west of the 5 for anyone who lives in San Diego) which is high priced now but being coastal and in an up and coming area is set to roll. 1 granny suite in the back with full kitchen and bath + Separate barn unit (not zoned for a dwelling unit but is carpeted). 

You should definitely look into some sort of annuities stream your funds can offer you and roll a portion of that into real estate investments.

So, he's had a constant stream of low vacancies and high quality tenants by knowing the rhythms of the students. 

@Spencer HerrickThe only requirement for an FHA loan is that the lendee must live in the dwelling for at least one year.