Willis with Lone Star Land Law. 

Additionally, there is around 0.4 acres of vacant land at the back of the house.I'm considering constructing either one or two additional units on this vacant land and renting them out.

I've been told the answer is to set up a revocable land trust with the LLC as the beneficiary of the trust and an appropriate trustee structure.

If you’re concerned you could ask for an appraisal which will take into account the value of the land, the value of the building, and the value of any rental income if any exists.

I’d take the next actionable step because it has been my experience that after receiving the paperwork most tenants will shape up.

People use single data points of sea level change as a marker, while ignoring the multitude of geological and other human impacts (erosion, wetland destruction, coastal development etc) that have an impact on land level.

Hello everyone, With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land  (10-12) years down the line.Though the market always changes, I figured with investing into highly appreciating markets now, the properties I buy will accumulate the equity needed to be able to sell in the future which in turn will lead to the income needed to build and buy land. 

I hold the realtor license, find the land, hold the GC license, push all the paperwork through and acquire the money for the jobs.

Own prime land for Self Storage 1.18 Acres 50,000 Vehicles per day Traffic Looking for advice from people who have background in self storage.

Hi Nina.If I were not experienced in land lording and property manager, I would look personally to the extent you want to learn or experience property management versus hiring someone else that you trust to do the job.Yes, the cost for a property manager is important but not essential- the cost between property managers are not double or triple the cost of others (say like attorneys in some areas of law or cars).