I imagine a situation where you rent an expensive piece of machinery, and then their employee damages it, and now your left trying to collect from their insurance while being on the hook with the rental company.  

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!

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.

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

Also to make a piece of property able to be developed there are 3 main pillars.