At least here where I am...I seem to be the only person buying up lots to build on.I wish we were up and running with exposure in you're state.

Rates have bumped up slightly over the past month so you're likely in the 4s no matter what at this point on a pure investment property (not primary residence), but big picture still a great time to use leverage with historically low rates, and to mitigate your exposure to the crazy amounts of inflation we are going to see over the next few years. 

My opinion is to list it with a Realtor to get the most exposure to the most buyers and get multiple competitive offers instead of working with just a single offer.  

The iron content is at it's limit, and you'll get red stains on anything where water sits as it oxidizes with exposure to air but a water softener will take care of that.

Look at your operational numbers and risk exposure there.

With a lot of offers coming in on many properties these days, accepting such letters does open the possibility of exposure to discriminating against any number of protected classes of people or the appearance of doing so. 

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.

Great part is she will almost certainly screw up the whole bidding war idea...that works best if you get the wide exposure a broker gives you and if you price it competitively to begin with.

I'm acquiring a property in Galveston, TX and would like to keep the a more regular eye on things that may deteriorate faster than others due to salty air/water exposure.

I really like the Solo401K option for these primary reasons:Higher contribution limits.Reduced exposure if you inadvertently do a prohibited transaction.Advantages in supporting the business with the Solo401K itself.