It wasn’t ideal, but it was the only way to keep the deal alive.I made the drive to her small town, met her at a local bank, and had the paperwork notarized.

You can get foot traffic and people driving by.

Hey Max, Nice to meet you here.. do you have any top priorities when searching for a property to drive by?

I drive through there to our lakehouse and there are a few of these structures used for homes in the area.

He admired my drive and offered me an owner-financed deal to buy this land. 

Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?

Feel free to reach out directly if you'd like to dig deeper into the chaos I've immersed myself in over the last 10 years or so.Cheers and drive safe

It is not walking distance to much but a short drive to a lot and generally a touristy area. 

When you drive out to your example I'd be thinking.....hmmmm why is there a tennis court next to the deal I'm getting ready to buy? 

The furthest properties are the hardest to deal with because my contractors don’t want to travel that far due to their time wasted driving and the cost of gas for their big trucks.