On the surface this appears to be a very good deal.

But more has changed than what everyone sees on the surface.

There is airborne and surface mold.

Nichole, On the surface the numbers look good but it depends on how much work is needed.What is the age of the building?

Hey guys, I had a 3 bedroom 2 bath 1400 square foot SFH across the street from a pretty decent college. Tuition is approx. $27k per year. Rental rates would be between $1300-$1600. I was able to get the property under...

On the other hand my inner Real Estate Investor says that 2% is cheap money, and that I should hold onto the money in case I need it to buy or renovate my next property which could surface in the near future.

The accouterments of the land could be depreciated, even though the land could not.Or say you owned a surface parking lot, the asphalt could be depreciated though the land itself could not.Or at an apartment complex, the swimming pool, tennis courts, playground equipment, and other improvements could be depreciated though the land it self could not.Somebody I know owns land under a national chain hotel.

If you provide a waiver of surface access and I can't possibly imagine what the issue is.

With more and more impervious surfaces, flood maps will continually be revised to include more areas.

I did those early few without a hitch, the more you do the more your risks will increase as your exposure to those life events are more likely to surface.