This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

This is from personal experience, the housing authority is the problem.

I leveraged my owned land to build my personal home.

Will you need the equity in your primary home for any future personal expenses?

The units are ready, but due a personal situation I only want one.

Quote from @Zach Howard: I think it's probably better to hold real estate in an LLC than in my personal name.

However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.

I am sure he has come across this plenty of times.Hey Jonathan, I appreciate the vote of confidence, but I've only ever bought and sold trailers that come with the land, so I'm probably not the best person to ask.

My goal is to build a comprehensive resource that not only answers key questions but also provides clarity on the entire process.The draft is based on my personal experiences working with clients, but I want to ensure it reflects the broader community's insights.

To flip right is about a lot more than just renovating and *pow* $-rains down on a person.