Keep an eye on the STR regulations, and as you progress, consider diversifying your portfolio with other asset classes like commercial or single-family rentals for added stability.

With many heirs and a 50-year history, you have no idea what skeletons could be hiding in the closets.

They have equity and a great first interest rate. 

Unless you go out and get clients, which is a job and a tough one, then don't waste your time and money like I did.I've since put it on hold

We have 10 properties in total on our 'resume.'  5 SFRs that were bought, remodeled, and sold.  4 30+ unit buildings with heavy capex (north of 300K) and a completed ground up construction of the exact unit I am trying to get financing on now.  

Even with multiple units, with current interest rates and a competitive market (prices have continued to rise even with higher interest rates) think the Madison market is a stronger long term ownership strategy, where the bulk of your return will come when you sell from appreciation in rents and property value. 

For me in 2023:No LLC’s, 12 properties in 2 states, only 1 state income tax, no w-2’s, a pension and a 1031 exchange.I was charged $1,275, up from 2022 when I was charged  $1,175 but didn’t have an exchange.

The course came with PDF texts (not books) and a very lengthy excel sheet to memorize and tackle on my own.

Technically speaking a buyer and a seller being in a dispute on what happens with their earnest money isn't something that would prevent the seller from entering into another contract and selling their property to a different buyer. 

If you are paying what is owed, you don't go through this, it's a new loan and a payoff.Why?