Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

Does anybody have insight on how we can reach higher rents or how the rent value is determined?

I had the chance to meet him this past weekend at a summit in Virginia, and I found him to be incredibly kind and full of valuable insights.

@Christopher MorrisYou got alot of great insight already.

If not, it's important (although not absolutely necessary) to have experience to gain their trust. 

Lastly, connect with other investors in those areas for insights and support—it can be a big confidence booster as you take the leap.

@Lauren KormyloThanks for your detailed message and insights.

Networking with local investors and visiting potential markets can also give you valuable insights.

Looking forward to hearing from you and grateful for any insights you can share!

I wish I could say that I'm venturing into real estate investing for some benevolent purpose like providing low-income housing for the needy... but financial gain is certainly my angle lol.