You bring the skills; they bring the funds—win-win.Private Money Lending: Find people (friends, family, colleagues) interested in real estate but not actively involved.

You might also consider forming an LLC to manage the property-related business activities while holding the property in your name to stay within your lender’s requirements.Explore safer rental strategies: If you’re open to short-term rentals, Airbnb’s Host Guarantee provides additional liability coverage, which may offer peace of mind while keeping the property in your name.

After visiting the property and assessing its suitability for an ADU, I negotiated directly with the owner, emphasizing my plan to enhance the property’s value.

The former owner sold to me because I run the community farm and he wants to insure the farm stays active.

Additionally, it’s challenging to assess the demand for student housing in the area.

Sharing the potential challenges he might face, rather than discouraging him, allows him to assess whether he’s ready to tackle them, increasing his chance of success.We’re all here to help each other grow, right?

I use both Quickbooks and REIHub - Quickbooks I use for my more active businesses and REIHub I use for my less active real estate.

I’m looking forward to being an active member of the BP community and learning from all of you. 

Reach out to them to see if they are actively looking for real estate.

As soon as I got it, I reached out to the HOA management company with my deed and started paying my monthly assessments.