Last time when millions of homes were foreclosed banks sold most of them to large pools of investors.

I am not saying it won't work, especially since there is already one house doing it, but it does limit the guest pool a bit.

I love ours but in San Diego the hard water took out our first unit.

Occasionally, I'm asked about two or more people pooling their resources to buy properties.

We also do a walk through, set expectations for maintenance, filters, lawn, garbage and go over the function of GFCI's, shut off locations (water, power, gas).

The place could also survive on LT rent or seasonal rental, which is popular in this quaint village on the water for Summer and shoulder seasons.It's one of those two-story old 1890 brick buildings.

Reminder:Ground improvements qualify for bonus depreciation.This includes various landscaping.Roads and external parking areas.Sidewalks and pathways.Fences.Utility systems (including the installation or improvements to water, sewage, drainage, and electrical systems).Outdoor lighting.Rec facilities (like playgrounds, sports courts, and swimming pools).And more.It's a big category for depreciation/bonus depreciation that we love.

In fact two week ago I tried reasoning with a brainwashed Pace Morby follower in these forums who stated he would  happily complete a seller finance deal for more than FMV value, effectively putting him under water if he could acquire the property without using any of his money and the property cash flowed.

I know one option is to wade into the waters of private funding.

The water is getting in from somewhere, and if left unaddressed, it could lead to bigger issues down the road.