wow sounds interesting 👍Can provide a copy if you like  

With investment properties, most lenders I work with prefer to have an address to work with in order to provide a "soft" quote, which does not include a hit to your credit.

Here's an ideal PM contract: The two keys are: The PM is incentivized to make you money, not charge high fees, and is contractually bound to provide reporting that you can understand in a timely manner. 

While not mandatory, a specialized accountant can reduce errors and provide significant tax-saving strategies tailored to your situation.This post does not create a CPA-Client relationship.

In the future, I'd request a "soft pull" from a lender and provide them with your estimated credit score to get a rate quote.

Under federal law (ADA and FHA), true service animals and emotional support animals are exempt from pet fees, deposits, or rent, but the tenant must provide proper documentation if requested.

Ensure the state provides a clear title upon sale.

All that to say, I'm not sure when they will want to cash in and sell the lot due to the appreciation the subdivision has provided.

I believe they're almost 8% with that program currently but if it provides an entry point, you should consider it!  

Personally, I advocate for a long-term investment strategy and would recommend investing the funds, provided you are comfortable with the expected return on investment over time.