If you plan to invest in multiple states or require advanced asset protection, consult a CPA or attorney to explore options like a holding company structure.

Property comes with amenities such as swimming pool, outdoor grills, playground structure and each unit has washer/dryer connections.

These penalties can vary depending on the loan structure and the lender's terms.

Second Street is an international mortgage lender actively investing in Costa Rica.

My investments are all in the Twin Cities suburbs, but I have helped people with financing as far north as International Falls :) @Jeff Schemmel who do you know in the Duluth area?

The land has slightly increased in value (by like maybe 3-4% over 3 or so years) but the value of the structure I'm pretty sure has gone nowhere. 

@Brice Alef-Torrisi, there's lots of different ways to skin this regarding entity structure and financial account structure.

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

It's a little different but structured properly it beats the work, hassles and uncertainties of flips.

Replacement cost would be what it costs to replace the structure.