We are planning to build some extra leasable space for another professional tenant TBD. 

I found some tenants consistently looked at it as rent is not due until the 10th, then would ask for leniency because they were only 1 day late on the 11th.

Contract for deed seems ideal as you could be making payments to him, which helps him pay the mortgage and extra for his apartment/travel.

Knowing cap-x projected out years is not an "extra credit" kind of information, it's fundamental necessity. 

Some potential challenges include:- Tenants being consistently late on rent.- Issues with cleanliness and respecting common areas.- Requests for repairs at inconvenient times.- Navigating tricky landlord-tenant relationships when you live on the same property.While some people thrive in this environment, others find it difficult to balance personal space with their role as a landlord.### 3.

imagine building as well at 25% below market prices. not only does new construction sell at a premium to existing inventory but it also helps you enter the market more competitive. you can accelerate this massively buy having a strategy to consistently position yourself at 25% below the market. like fix and flip.

➡️Overcome fear and take consistent action.

A solid rule of thumb is 10-20% extra in your budget.If you’re looking for a solid resource, J Scott’s The Book on Estimating Rehab Costs is a must-read.

My suggestion is not about how you invest $25,000 but rather how can you make consistent investments in RE over time?

Otherwise, you won't have the extra funds necessary to cover the rising costs of goods and services in the future.What causes rents (and prices) to increase?