I knew a guy with a similar property in California, and he dropped the plan when he learnt that the bridge and road would have to support a fire truck. in his case, road and bridge would have cost more than the value of a house in the area.

It is more expensive and generally short term so you would have to refinance down the road.

The house was offered "AS-IS" and we're buying with cash.After the AO, it was disclosed to us that a "Paper-Road" runs through the property and is the responsibility of the homeowner to maintain this parcel, which is about 25 feet worth of side yard.  

If you can get a positive cash flow, the real value is years down the road.

All of these processes can be daunting and can lead you to several roads that done equal a paycheck. wholesaling is a good way to get started with real estate investing and will help better understand how to do your first flip.

@Kevin Galus,My investing group's accounting, tax and legal expert is coming out the weekend of Friday, September 23rd to talk about using QuickBooks in your REI business, and the next day on structuring business entities for tax advantages, asset protection against liabilities and estate planning.If you would consider a road trip to the western suburbs of Chicago, it might be worth your while to get input from a prominent JD/CPA tax attorney / accountant.

What you are asking is nothing more than a self imposed road block.

@Andrea Collatz,When a landlord use SmartMove and request a credit report and criminal search, and the landlord and tenant is in the state of Mississippi how long will it take to get the criminal search back.Joe Gore

Middle of the road Schlage?

Bill, at some point, I would love to get my hands on some property over by the University of Scranton, but I feel like that will be further down the road.