There's no need to wait six months - while they continue smashing the car - just to stand in front of a judge and prove ownership.If someone enters a home and the homeowner calls the police to report a crime, police can quickly verify ownership and remove the illegal occupant.

Look at new construction triplex/duplex condo sales in the heights areas, subtract carrying cost over build timeline, materials, labor and construction costs, what their desired profit in heights deals would be and that would leave you with approximate acquisition cost of the lot. 

Borrowing from the equity must be done wisely or you will end up with negative cash flow and at high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

Are you entitling smaller pieces of land that one developer could then take over and pull building permits, construct all of the ROW infrastructure and utilities, and build either housing, commercial, or industrial? 

I’m not talking about hanging a picture over a hole in the wall but let’s say small chips in paint on the baseboards might seem like a way bigger deal to a buyer in a vacant home than it would be to a buyer in a staged home.Just our thoughts on the matter and would love to hear other agent’s opinions!

The current rents are $600 per unit, and the seller mentioned significant renovations over the past two years.

Erich,I've been a broker in the Cincinnati area for over 20+ years. 

I'm in a position where I can using leverage over and over to buy more properties.There would be cash flow in my area because the properties are not expensive however they do not appreciate much and the cities around me are dying and not growing.What would be the risks of using leverage to buy an extensive portfolio?

@Andres Triveno, it's all over the place with where you can and can't, some parts of Daytona you can, very few in Ormond, Ponce is sporadic, etc. 

There may be a way for you to "claim" the listing and take it over.