Of course a visit to the county records office and -correct reading of the legal description would reveal that the tennis court lot was the one being sold.  

None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).You probably actually want to look at your operating agreement to see what rights you have to books and records, etc. 

An Excel file or other detailed record-keeping system would okay, as long as it accurately tracks your hours spent on real estate activities.

The founder appears to have been involved in businesses outside of real estate: ‘My dream is a locally made grooming products business’ | People | nashvillepost.comSo it does not appear there is a lot of track record there, but those are questions I would ask.

Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.

For example, if she can't visit the property, is she good at record keeping (so everything is organized at tax time) or finding vendors, comparing product prices, finding free or low cost items on Facebook marketplace to improve the rental)3. emergency fund.

There's quite a bit of threads on the same topic weekly - you'll find plenty of markets shared.What will help you figure what market to invest in will be answering a few questions for yourself: are you willing to travel to that market, what is your buy box, are you seeking appreciation or cash flow more, do you have or reasonably can garner an edge in that market (ie - can you build a great team).

LTV & CreditEliminate the emotion and treat this like the business it is.In my opinion it does not matter who the borrower is as long as they have a track record of ATR (Credit)And I feel comfortable with the leverage (LTV)

Prior to issuance of the building permit, the property owner shall sign and record a deed restriction that states that the property shall be owner-occupied from the date of recordation as long as the JADU remains on the property.

Has made my accounting and record keeping so much easier.