Lenza clearly needs to walk before he can run but he's still crawling.

However, land pricing is based on many other factors such as zoning, location, the city its located in can make a big difference if there are certain factors that give developers incentives to build there such as transit, low income, walking distance to rail and other things.

You will meet people from different walks of life that will give you different perspectives on real estate investing.

Rent Roll13. property survey14. prelim title report (your broker can help with that)I DO NOT Ask or recommend my clients ask for tax returns, credit reports, bank statements - These fall into financial privacy protections and if my buyer walks from the deal, there is too much liability & risk with having that information if were to be leaked.If a third party management company has been managing it, you'll get basic information (income/expense, rent roll & leases, maintenance records, capex (maybe if they oversaw)).Owner operated properties will have less of this information as most mom/pop operators don't keep good records, in my experience.Don't worry about all this BEFORE the offer. 

That's an automatic get up and walk out....But seriously maybe there is some value for you to do it the other way.

OCF doesn't just sell the property to you and walk away, they have a vested interest in your continued success.

New LVP flooring upstairs to replace all the carpet, new cabinets and countertops in the 2.5 bathrooms, new fiberglass shower in the guest bathroom, new walk in shower (tiled) in the master bathroom, next lights/sinks/faucets/toilets/etc in all bathrooms, new paint on kitchen cabinets, new pulls on kitchen cabinets, new ceiling fans throughout, and fresh paint throughout.

You will meet people from different walks of life that will give you different perspectives on real estate investing.

I meant not to live on but solely to withdraw, pay the tax and invest in RE.I am trying to decide if I should draw out everything from tax deferred retirement account, pay the tax and invest in RE (move into Roth as another option)before I hit RMD point.Hoping to hear from those who have walked the walk and share actual experience of their success/roadblocks. 

But if you walk in, everyone introduces themselves as mortgage brokers and it doesn't say "XYZ Lending" on the wall, it says "ABC Small Time Local Mortgage Brokerage." 2) Yes, with certain restrictions/requirements, some of which vary by state.