who want to be millionaire and make money with real estate options_14

_{How many different types of option properties you specialize in pretty much depends}

_{on the size of your local real estate market. At a minimum, I recommend}

_{that you specialize in at least two different types of properties. I am telling you}

_{this because in most real estate markets, very few potentially profitable option}

_{properties are usually available. And if you focus on just one type of property, you}

_{probably will not be very successful. The most profitable option investors that I}

_{know specialize in at least two different types of option properties. For example,}

_{I know one investor who buys options on single-family houses that have been}

_{damaged by sinkholes. This same investor—as I mentioned in Chapter 1—also}

_{buys options on single-family houses and mobile homes that have been used as}

_{laboratories for producing illegal methamphetamine drugs. I know another option}

_{investor who specializes in buying options on building lots with condemned}

_{single-family houses, which have been slated for demolition. He also buys singlefamily}

_{houses that have been repeatedly cited for major health code violations,}

_{caused by too many pet animals residing in the property over a long period of}

_{time. My two favorite types of properties to buy real estate options on are:}

_{1. Small, vacant, filthy, run-down commercial properties.}

_{2. Condemned single-family houses, which are located in emerging commercial}

_{areas and can be easily, quickly, and inexpensively rezoned for commercial}

_use.