I do not have an age requirement for parking lots; the location and surrounding competition are my main concerns

I am concerned about it being done improperly, prettied up with paint, which many people do with even house flipping as I did this for a number of years, and then a short time later after everything is done and everyone exits, it all comes apart and you are left fixing it.

Although we know Napa concerns are buying or have been buying up the old gard in WV . 

I totally understand the hesitation to dip into your non-retirement savings—that’s a common concern for many first-time flippers.For my first flip, I leveraged private money funding.

I'm the landlord of a 3-unit building and wanted to know if I should be concerned about any potential plumbing issues (like freezing pipes) or other safety concerns.What steps should I take to protect the building, and are there any other things I should be worried about in this situation?

Hey Olu - If you're concerned about the variable rate with a HELOC, I would suggest either a cash out refi or a HELOAN.

I am less concerned with the monthly revenue and more with the overall profitability per year.I will also say that with most seasonal rentals, off season can mean zero occupancy. 

As for privacy concerns, changing the name and being mindful of future registrations or public filings can help minimize the "breadcrumb trail."

As much as equity sharing is profitable for you, it is also a way to show your clients “Hey I am here for your success as much as you are, and I have a personal investment in you” which is an incredibly inspiring model.I would however say maybe scale your equity based on the current state profit margin of your client, or even work in a sliding scale so it doesn’t turn off potential clients who may be at a slim profit margin as is and are concerned about it getting any slimmer.

I'm concerned that if I place an ad to find people who will work on an hourly basis (in the area of the property) that I might have a hard time finding people who can reliably respond to emergencies during off hours, but I can't afford to have someone working full time or with standard on-call rotations.