before you go down the rabbit hole to far as @Bruce Lynn mentioned see if the jurisdiction were the lots are located will even allow a surface operation within their zoning code or that lot size.. thats the first thing I would do.Being an old land man I have dealt with a ton of mineral and water rights.. there is a lot to those buggers..

If it was originated recently an option would be to have them refinance it - but if it’s a low interest rate then they will most likely want to keep itWhat does your operating agreement say about this?

I would add to get and keep your finances very organized.

I am definitely a 2nd Amendment supporter, but concealed carry is rare here in CA, and I can't say I operate in areas where fear of violent crime is high enough that I would feel a need to be carrying.

Most lenders will want to see the original operating agreement if it's an older entity to prevent the borrower from adding someone on the operating agreement to qualify for the loan.

Hi Geetha,The NCREIA meetups in Raleigh and Charlotte are a fantastic choice—they attract real estate operators at every level, so you're definitely in the right place to build connections!

Our family owned operation has been in business for over 10 years.

@Kristin Solbachjust to confirm... do you want to be an STR owner and operator?!

Hi all,I'm sure some have heard of the properties being built by Clifton Homes:Location: 9440 N Adrian AveThey are a fully vertically integrated operation (prop mgmt, construction, and financing).This is their deal:Cash in:  $50K6-8 months later:One time refinance to put a long term mortgage on it at or around 75% which gets your $50k back + 16%.

Some strategies to consider:Networking with wholesalers: Many off-market properties don’t make it to the MLS, so connecting with wholesalers who operate in OKC can be a great way to access these deals.