Passive income property

[Lauri Taylor]

Investment Info:

Single-family residence buy & hold investment.

Buy and hold rental property. We bought for my mother to live in.

What made you interested in investing in this type of deal?

I am working toward passive income to live off of.

How did you find this deal and how did you negotiate it?

We bought this property from my father in law.

How did you finance this deal?

Bank

Lessons learned? Challenges?

Insurance being canceled due to the area and finding insurance for it. If I were to do it again I would go to a different area to invest.