Rents will continue to fall and property prices will still fall for as long as this remains true.

Less risk as far as a debt note, that's true, but debt is not the only risk to be managed.

Note that you’re dealing with a true bureaucracy.  

Quote from @Roxanne Whitaker: Please be aware if you buy an investment property and do not live in MD, when you go to sell it you will pay an 8% tax at settlement. 

I have a property in Spring and let me tell you, I have had no end in cold calls and texts.

All these properties were bought sight unseen on their recommendations. 

You do not need a separate LLC for each property or a series LLC!

.":-0Hey O, is this true?

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $270,000

Cash invested: $54,000

A multi-family upper/lower duplex in Ankeny found off-market during COVID.

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