The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.

Does any one have any leads on lenders who provide loan for groundup constructions and the criteria?

Medical Payments: Provides coverage for an injury suffered on the premises.

This way, your current rental stays a cash-flowing asset while providing leverage to grow your portfolio.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Definitely reach out to your insurance provider.

It seems like a common challenge, and any advice you can provide would be invaluable.Thank you in advance for your help!

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

This is also true in lower income areas, where a $100 rent bump is the difference between your tenant being able to feed themselves each meal or not.

You need to provide at least 30 day notice to a tenant that you will not be renewing in NY State.