Most of my projects entailed buying properties that needed renovation, could be expanded, buying out tenants to place higher paying ones, etc., etc.

Broker, licensed builder, own a full-service property management company and we do service some land contracts still, have a few homes for sale on land contract this very moment and can give you some of the real deal pro’s and con’s that fit with your objectives.Bottom line is you need to be fully prepared for foreclosure and all that entails….costs of lawyers, holdings costs, paying for their water because if they aren’t paying you they are not paying water, same for taxes. 

I am looking at some opportunities in Spain, but want to understand what all the ins and outs of foreign ownership entail.  

I have documents I can send you that entail the process.

They finally came back with the following:“At this point we would just need you to apply for a “Special Inspection” at our office for visual “certification” of the existing structures.”I am curious what this sort of “visual certification” entails.

However, if your goals/strategy would entail having a more diversified portfolio including stocks/bonds, real estate then perhaps rethink selling them for a short term gain over long term results. 

Homeowners who have locked in low, fixed mortgage rates won’t have to deal with paying higher interest rates down the road.A rent increase won’t affect you: For those renting, worsening inflation entails higher housing costs.

You can also flip anything, cars, rvs, couches, stocks, all of these which entail less debt which means less risk which means you need less cash reserves. 

This entails building personal / working relationships with people successful in the field.

I was not aware of what the closing costs would entail.