Always think about the challenges the next developer will face. 1. fault line reduces the buildable area of the lot = reduce property value2. talk to a structural engineer & contractor about the added design and costs associated with both the fault line and the retaining wall. 3. if the steep grade is too steep then you might need to pile drive a wall vs grading and building a retaining wall which adds a lot of cost. 

I would own the company as a Franchisee, but not sure if this a good option with all of the associated fees.

I'm considering doing a 50:50 equity partnership with one of my associates and was wondering if it's possible to structure a househack in a way where I would be living in it (for at least a year) while my partner does not.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

Your replacement property needs to be held for investment or associated with your trade or business. 

@ParShaun TaplinCheck out the Georgia Real Estate Investors Association.

To manage risks, some investors employ an LLC in addition to insurance.There are expenses associated with running an LLC, such as yearly fees, registration fees, and even legal fees.

Numerous costs are associated with real estate transactions, so it's critical to have a clear picture of your financial status.Due to the constant nature of the real estate sector, it is imperative to remain up to date on new tactics, market trends, and industry developments.

This may seem silly but for the last year we've become members of the local landlords association even though we own zero rentals and are not, in fact landlords.

This strategy provides flexibility and can be used to control a property with minimal upfront costs.Before diving into any specific strategy, it's crucial to thoroughly research and understand the local market, regulations, and potential risks associated with each approach.