The AC is old, but I’m planning on holding off on replacing it.

After the new home is built, I plan to sell our primary house.

@Robel NessroGreat plan. 

The above rate will either be NNN or you need to estimate insurance, property tax and utilities and deduct.  

Regarding insurance adding additional umbrella insurance is great idea. 

Hi all,  I'm in the early stages of planning a development of a lot I own in SE Portland. 

If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

The local property will give you practical management experience.You might do better buying a REIT if you are planning to buy single properties far from home.

and trailer stolen, workshop robbed 3 times, business bank account hacked and Not Insured (w a bank name like C#@$e), hip replacement, Botched oral surgery for sinus cyst 3 times, So Far, that caused an infection that kept me from working most of 2024 and just now recovering.SO Fire Sale February for me But I’m too broke to finish a punchlist to keep rental certificate open on top of living expenses and cover unexpected bills.Seeking micro bridge loan in the $5-10k range to be repaid at sale of house.I have another small single family paid off and rents for $950 as well.Any advice or suggestions for resources Greatly Appreciated 

It sounds like you’ve got a solid foundation with your rental property, and I love the ambition behind your plans to build a property management and maintenance company—it’s a great way to take control of your investments while creating additional opportunities.Best of luck to you!