And you should never create entities without having a clear business plan of how such an entity would benefit you.

Sometimes, ok frequently with vacant lots, plans don't always pan out.

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

I plan to purchase another Multi-family in the next year or so (sooner if the right one comes along).

I look forward to hearing from the nominee on his plans to help spur more economic progress in more under-served areas like the ones that I live in, work in, and invest in and hope he will help extend and expand the Opportunity Zone Tax Credits. https://www.jtcgroup.com/insights/opportunity-zones-have-done-what-they-were-created-to-do-will-that-be-enough/https://eig.org/opportunity-zones-research-brief/

Definitely not, IMO, Been there and its a waste of time and money and risk unless you have dedicated plan to take advantage of having it.

We still owe roughly $900K on a 3% mortgage.We’re planning to retire abroad and are weighing two options:1.Sell the home – I already have a buyer lined up, so this would be a straightforward exit.2.Rent it out long-term (furnished) – While I don’t think the rent will fully cover the mortgage, it might come close.

I would say that sounds like a solid plan to me 

Root intrusion is rare with plastic pipe because that means a crack that's going to admit soil as well and eventually bust completely, so if you have roots in PVC you might as well plan to excavate.

I love where you mind is at and how organized your post/plan is.