Look at the topography and terrain to determine how.Evaluate fundamental infrastructure and service availability, as well as expose examples like wetlands and flood zones, protected lands, hazardous chemicals etc.

This approach, which might offer a more dynamic and potentially rewarding financial strategy, fundamentally differs from the "save an emergency fund" mentality.

You need to determine how much asset protection you gain from the LLC versus how much you lose through either paying higher insurance premiums or taking the risk of not being covered when the time comes.

So one of the purported benefits of having title in an LLC is that it makes it more difficult for someone to determine how much the value there is if they were to sue you.

First, it brings in tenants with a different mentality.

With your drive and determination you likely wouldn't throw in the towel even if it got really tough, but why not have the first one be a hit and be smooth and you love it and are excited to do more deals. 

A CPA is very similar, determining whether you need a very complex structure or very simple.For syndications, are you looking for an equity play or an income play?

@JD MartinI know you want a simple answer, but there is none in this case.First, we will need to determine whether this owner financing constitutes a sale.

With this info in hand you can determine if it makes sense to move forward or call it a day.  

@Tina LiaoTenant screening includes a credit check, a background check, income verification, references, and interviews to determine financial responsibility.