Real estate is a physical asset.

It really made me feel better beacause now that I know the site is physically existing! 

They want to exercise their option to buy a majority stake but have not done so yet.PreREO is in talks with two companies for a partnership but he thinks will happen in the coming weeks.  

Short-term maybe short it, for the reasons you mentioned OP but this investment is a physical long-term one so you analyze it appropriately. 

How is physical occupancy?  

It an happen to anyone, but usually it is the most vulnerable victim, not physically in this case but non educated in real estate. 

Since you're a citizen but you live and work abroad you'd still qualify mostly for second homes occupancy or investor non owner occupancy (primary is hard to claim if your job requires you to be physically next to the office as an example so an underwriter isnt going to readily believe you unless you can get HR to write you a letter to state you're remotely capable of earning this income/job duties anywhere).Hopefully that helps let me know if you have further questions into mortgage planning.

If so, invest.Then, ask yourself does this property provide the characteristics you need for it to give you your return-- location, rental demand, buying demand, physical structure, etc.

The Sheriff might require a deposit or fee, but will ultimately carry out the Order for Eviction and physically remove the Tenant.Andrew Holmeswww.chicagocashflow.com

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.