There are additional acres to expand on.How did you find this deal and how did you negotiate it?

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Architecture did a design and well respected contractor estimated the buildout of 4 plex would be an additional ~800k for total project cost of ~1M. it would be ~1.2M for the 7 plex.  

I was told I can pay $3k to remove the part of the tree that's hanging over the garage (in addition to the $3k deductible I'm already paying) or I can take the next door neighbor to civil court because the tree over the garage is actually dangerous to the tenant who lives there. 

Interesting addition when you suggest that builders are the only ones to reap any profits. 

The Plus subscription would allow you to keep track of each property/project and produce reports for them individually in addition to keeping track of the entire business as a whole.  

A heloc can "never" be used as an "Asset" or Liquid reserve both required when you purchase additional rental properties. 

Additionally, I normally build in at least 7% of the purchase price going towards transaction costs when selling a property.

Forget the technical name like an IRA.

Luckily this was a super cheap property so I could afford the additional down payment.