But, per this recent Top Complaints piece in NC REC news, "transaction coordinators" (TCs) could be considered a star in the closing show: "Brokers may also utilize the services of a transaction coordinator to assist them with managing administrative aspects within the transaction.

But residential real estate is as good a way as any I know to have a fair shot at retaining the real value of a piece of this $10M portfolio and ensuring that the income stream is, more or less, allowed to flow with about the same amount of real cash flow for a generation or two.Housing is 30-35% of CPI, so residential real estate is  essentially by definition inflation adjusted.

I bought a vacant commercial piece of land about a year ago- (seller finance- $100k down/ $200k balance due in Dec 2024.

@Steve BergeronSteve,We're getting ready to develop a piece of high density zoned property as well.

Your posts would be be better received if they come from your experiences rather than an AI piece ... 

Let's leave out the other costs you referenced and just focus on this mortgage piece, if that's ok.Thanks again!

Since the main piece is so large I was assuming it could be cut into smaller pieces.

If you fix it up and make it valuable, someone may come back demanding a piece of the pie.I bought a hoarder house for $55,000.

There is a distinct advantage of having local management, though with technology it's possible to manage from a distance yourself.

I have smart roku tvs in some rooms, and just added roku devices in others, and the remotes always end up in the wrong rooms and I spend 20 minutes just figuring out what goes where (I'm going to cure that next time I'm there with my handy-dandy "take the battery cover off and put a sticker in there with the location written on it" filing system that I use for the hard TV remotes).Here's a tip I don't know if anyone else uses: on the TVs that I have Roku devices on, and use that Roku remote to operate the TV, I put a piece of velcro on the back of the TV and a piece on the back of the original TV remote, then I stick the TV remote to the back of the TV (in a spot that's not obvious unless you are looking).