If you establish a business foundation you can invest with family successfully. 

neither are we, so we are pushing volume we want a lot of people doing it so there are transactions and established values for the product we are building. it is economies of scale.

I’d have ZERO interest without a written commitment from a well established power company with assets to seize if they failed to follow through. 

Let no financial advisor or planner tell you otherwise.

Initially I was planning to establish an LLC for liability protection, but after several consultations with different law firms, entity structures seem more complicated and much more expensive than what I need just starting out and with and no real wealth to protect. 

Throughout this process, my main contact was the original loan advisor.

I will live there for a year (It was an REO and I signed an addendum that I have to live there at least a year) while I complete the remodel and then rent the property out to establish cashflow.

The tax increase was 14.75%The 2023 tax without the special assessment was $4,054.04The 2024 tax without the special assessment was $4,274.83Here's the breakdown from the County's website:Values established by the assessor as of January 2, 2023Estimated market value:$334,000Taxable market value:$326,820Total improvement amount: Total net tax:$4,274.83 Total special assessments:$8,137.29Special assessment details:010272316GST IMPRV RESURFACING$247.350109602023VACANT BUILDING REG$7,703.710125121T052021 TREE REMOVAL-5$186.23

How do you establish possession?

Full disclosure I worked for upside for several months and continue to be a strategic advisor.