But if you're able to figure it out and get it built, you can rent out the units and essentially BRRRR it and pull some/all of your equity out to repay your debts, yourself, and potentially keep the investment cycle going. 

@Chan Park this can all be handled via phone, pics, preferably narrated video - you shouldn't need to go and see it yourself.

The property is fully paid off, as it was essentially gifted to me.

If all you are doing is watching YouTube videos, you don't know as much as you think.

Watch as many Brandon Turner and David Greene videos as you can on BRRRR. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

You need to watch this video from an attorney on why insurance is not the answer to protecting a property from a lawsuit.

In this guide, we’ll explore five essential tax mitigation techniques that every savvy investor should know.1.

You can find us online.Current Ideas: Video Series on Passive Investing in MHC, Tax Benefits of MHC, Investing through 401k etc. 

Hey @Chi Lo - I actually have a video on my YouTube page about this (lookup ClosedByMo on YouTube).Regarding walls being damp and waterproofed, it means there needs to be waterproofing on the basement retainer walls (this is something you can do post-construction and the contractors would need to dig around the house exposing the basement/foundation to apply the waterproofing).