Do they buy the nicer car or drive an older car so they can afford the nicer home.. maybe wait on that RV or Boat they want.. discretionary items like these sales could slow a bunch .. at the end of the day people need shelter and with rents sky rocketing in many markets.. rent is higher than man mortgage payments.. 

Purchase price: $41,000 Cash invested: $53,000 Sale price: $159,000 This house was a fire damaged property that was originally a 4 bed, 2 bath, 2 car garage purchased for $41,000.

Only debt I have right now is student and a car loan.

I would not drive my car down the main streets of Portland given the news.Not in my book .it’s a statistical fact in lower income areas there is a higher instance of a minority population  in some areas for sure that's a true statement..

This tenant would be happy to pay $300 for this space as opposed to $700 for one that has access to a bathroom.Parking - yes there is plenty of parking on-street during the work day, and we are currently adding onto the driveway to allow 6 cars to park.Utilities - The heat is just one huge forced-air system for the whole building, so we'd have to include that.

They did not car that I had homes even on that street that sold.

The next post will show you how to research what you can actually build once you know what zone your site is in.Zoning is one of the more obscure aspects of the development process, but in our experience, once you acquire significant strategic knowledge and create practices around this research and identification process, the value and marginal utility to be generated can be very significant.You can hire an architect to do this zoning research for you, but as a developer a big part of your "value add" is to identify strategically what areas have the zoning that you need, or where you found a site and the zoning works for what you want to build.

It is a 4 bdrm 1400 sq foot house in a decent school district. the detatched two car garage is in rough shape and I still need to get an inspection done on everything else.I currently have about $5,000.00 in cash available to me that I could use on this project. 

My only other debt is mortgage on 1st house and a car loan.

As I've been browsing the forums, I've seen all sorts of elements of lease agreements that I never would have considered. What are some stipulations you always include in your contracts and how have they covered you?