For the Northeast, your average remediation would be between $10,000 - $20,000 for a small scale, but if it's been sitting, it could be worse.Your biggest worries with an oil spill from a tank and remediation are two things:1. is there a water source that it hits.

Unfortunately, there's no single source for data like AirDNA for STRs, but I'm sure that's coming.

We may not use eviction history in NYS to screen tenants, but you may still use credit score and income/rent ratio requirement (but not source of income).

That's a giant red flag for that grocer potentially declining to renew their lease, vegan gluten free customers don't want to walk through a cloud of cigarette smoke to get to their ethically sourced non-GMO organic avocado, and obviously the "no smoking within 50 feet" sign is going to be ignored by the customers of that neighboring business, who are all a bunch of smokers.

Be careful of your source for properties.

The lending sources that will lend to LLcs  will be more likely to  provide a " purchase loan "  to a LLC  as  compared to doing a  cash out  refinance to a LLC . 

On the plus side, lenders review that as well as they will look at the size of the congregation, giving strength, as well as other sources of income. 

Hi Hoa,- Hard money is fast efficient, expensive,  it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.

Is buy and hold the source of your financial success and/or do you see real estate investing playing a big role in getting your net worth 25X bigger?

A common source of Subject To deals is people in distress (foreclosure) who have a pending sale date.