Where is Germantown Title located?

Please share the location you are in and what is happening.

Take the 20 acres and sell them into pieces which should not be too difficult to do considering the prime location.

What is the economic situation now and in the future of the location I want to invest?

It's all subjective on a case by case basis.For instance one owner I know owns a multifamily complex of ranchers single story (over 100 units) on about 12 acres.Over the years retail commercial has built up all around it.The owner hasn't raised rents in 3 years.90% of the community is 55 and older even though it is not designated for that.The owner keeps it filled and does minor things to maintain it.Eventually it will probably be torn down and sold off for redevelopment.Knowing that it doesn't make sense to really over improve it and increase the rents.When buying a multifamily building you have to look at many factors and where it is located to determine what your plan will be.I like upping the rents slightly so that you get the increase but are still below market.As other shave said for someone to move and pay deposits and moving fees etc. they won't do it for a small amount.It's like a restaurant upping a burger 25 cents.You won't be happy about it but will deal with it.Up the burger at once by 1.00 and many might look for another place to eat.

Builderonline did a map of the 47% and surprise.. they're mostly located in Republican voting states... uh oh!

(Not sure where you are located.)

A lot will depend on the location and thus your market. 7 bedrooms in an upscale neighborhood, particularly if it has at least 3-4 bedrooms is money in the bank, sold or rented.

Where is the property located in Florida?

I am luckily enough to have a father that is willing to be my property manager.I completely and totally understand how you feel about not really know what direction to move in now that you are in a new location.