I was fortunate enough to have saved a decent amount of money to survive this long.I started my journey back in 2017 with a New Construction house that I purchased and lived in as my primary residence.

Ultimately it comes down to if you take action after you complete a mentorship program.

*Now, I am left wondering how I will ever be able to pull that un-nested LLC and the property It owns into my corporate structure so it's ultimately owned by my trust.

BiggerPockets Ultimate Tenant Screening GuideA lot of people use a Property Manager.

Re: municipal liens it depends, as sometimes those stick with the property and survive foreclosure but it also depends on the type of lien.

Ultimately you'll never know till you try and have real data to work with.

I intend to gradually develop the park by acquiring used mobile homes for around $10,000 each, relocating them to the site, and performing minor renovations.To make the venture sustainable, I'm considering implementing a rent-to-own model, with the ultimate goal of transitioning to a Tenant Owned Homes (TOHs) setup with $300 lot rent.

And you've joined one of the best communities for all things real estate investing.1️⃣ Download this ultimate beginner’s guide: https://assets2.biggerpockets.com/uploads/user_file/file_object/1694/UBG_2018.pdf2️⃣ Read BP beginner books on investing: https://store.biggerpockets.co...Also, read Rich Dad, Poor Dad by Robert Kiyosaki and Think and Grow Rich by Napoleon Hill 3️⃣ Subscribe to BP podcasts or YouTube channel and watch their webinars. 4️⃣ Ask questions here on the forums.5️⃣ Visit (join) a local (and legit) real estate investment association.6️⃣ Consider joining a BP bootcamp: https://www.biggerpockets.com/blog/real-estate-investing-bootcampsI wish you all the best in your investing journey!

Can someone please recommend me a good insurance company that covers lost rental income preferably in Florida.I would really like to know how you guys survived the Pandemic since there were Lockdowns and many people lost their Jobs and thus could not pay rent.I know many well established companies that did not survive it.There are speculations that we could go back to those dark days, and it could lead to loss of rental income.

You “struggle” to survive on $250k/yr outside of California without having to do any work.