Prior to the owner getting ready to complete a condo conversion, the apartment building is sold to a corporation such that capital gain is recognized on the sale.

Either way, I'm glad it's being more recognized as a good housing option. 

I recognize this is an extreme situation, and one can easily find investments that yield higher returns.

I am so thankful that my mentor recognized and appreciated my hard work by making me a general partner on a 236-unit property that our group closed on earlier this year.

That being said if someone is smart enough to recognize the property you are asking about from a few small pieces of information....that property is likely already on their radar and they likely have a better chance at getting it than you do.

The trick is recognizing and exploiting those opportunities.

Even basic info like "what is an affidavit of heriship" and "does my state recognize a guardianship that was filed in a different state" will give you so much credibility with sellers.

Include as much information as possible to ensure you will recognize this animal, that you can determine if they are suitable for your unit, and that you can hold the application as evidence against your tenant in violation of the lease if necessary.

The first is to recognize that there are two common ways of renting out farm land: Cash or On Shares.

Many can see and recognize a need exists, however it takes a lot of courage and self confidence to take action and put up a lot of your own skin in the game and create an entrepreneurial solution for that need.