A better and cheaper alternative is to put the paid-off property into a land trust.

Once you decide on materials and start construction,,DO NOT work on top of structure, it won’t support the live load of human.

Hi Monique,I'm a local rookie investor and had tons of inspiration and knowledge gained from networking with other people, podcasts and reading tons of material.

You can qualify for material participation for short term and long term properties.

And maybe a better alternative to eviction is just ending the lease in 30 or 60 days. 

I had my fare share of financial modeling and asset management and can say I know how to analyze deals and asset manage very well.But, I was not too involved in the closing phases of the deals (lawyers, reports, debt placement, contract negotiations, parts of the DD...) so I lack knowledge in those parts, which I make up for in reading ton of materials and listening to podcasts.• After that I worked for three years as a management consultant at McKinsey where I sharpened my business acumen, problem-solving, storytelling, and presentation skills.

Alternatively, you may receive a counteroffer on the rent amount and be asked to either accept or deny.If you are unsure about the items needed for the initial inspection, I suggest asking the housing authority for a checklist.

Unfortunately, we have found there are many people out there in alternative assets shooting by the hip and practicing unethical business. 

You would be looking at less than 3k in materials to upgrade that kitchen including a new basic stainless appliance set.

Alternatively there are lenders that will offer convertible bridge loans that convert into 30 year fixed.