I will live there for a year (It was an REO and I signed an addendum that I have to live there at least a year) while I complete the remodel and then rent the property out to establish cashflow.

The tax increase was 14.75%The 2023 tax without the special assessment was $4,054.04The 2024 tax without the special assessment was $4,274.83Here's the breakdown from the County's website:Values established by the assessor as of January 2, 2023Estimated market value:$334,000Taxable market value:$326,820Total improvement amount: Total net tax:$4,274.83 Total special assessments:$8,137.29Special assessment details:010272316GST IMPRV RESURFACING$247.350109602023VACANT BUILDING REG$7,703.710125121T052021 TREE REMOVAL-5$186.23

How do you establish possession?

I have already established a SD IRA with a custodian.I am looking at establishing a SD solo 401k with checkbook control with a provider at lower costs.I also am looking for advice if it is smart to leave my SD IRA with a custodian and pay the higher fees or if I should roll it over to a provider to minimize cost and gain checkbook control.Thank you.

It's not the easiest way to make money, you need to stay on top of the logistics of things, and keep a good relationship with FedEx, but it's steady money, and once the route is established and you have some reliable drivers, it's good income.

wherever you are looking for land I'd argue it's a bad strategy unless you are buying for pennies on the dollar. where I'm at in columbus ohio there is a 12 months supply of land on the market so it's a buyer's market. unless the market is a seller's market which can be established with a real estate agent (less than 6 months supply on the market, and really I'd say 3 months), then I'd avoid this strategy 

With your experience in mind, I’m going to get established with a few other lenders before I offer on another property and count solely on Constructive. 

There are many established and up and coming areas perfect for the best monetary return on your investment🏡✨ Feel free to contact me any time🏡

@Adam Fischer how many beds do I need for the big companies to look at me and offer me a deal on my established ALF

Early on, I think people should be more conservative and establish a base (HYSA) and then regular (weekly or monthly) automated investments in low cost index funds.