The current property would be viewed as being owned by me outright with no mortgage since there would be no lien holder on the title, correct?

That is interesting that people praise Rich Dad Poor Dad for its genuine message: to first acquire financial aptitude; however, on the flip side of the coin, my observation leads me to believe that the BP community views Kiyosaki's teachings as sale-like by pushing his products/classes.Nonetheless, does anyone have advice for a newbie who wants to acquire more knowledge about the industry?

Really fun activity but also requires alot of energy and meditation to determine the right kind of structure to grace the land and also frame the view of the soft prairie slopes.So I travelled to Sedona I didn't buy property there I wish I had that kind of wealth haha.

Second, I look at listing photos and Google Earth Street View to assess the condition further.Third, I determine a rehab scope and run it by my agent.I have my agent, inspector, and contractor walk the property together.

A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants.

@Jay Seville can't speak to a 2/2, but even a well-managed (85%+ occupancy) 600sqft 1/1 with view and close proximity to the beach can hit 57K on the Emerald Coast.

By the way, what is that statue he has placed always within view while he is presenting?

I think the multiple drone shots showing every possible aerial view of everything is a waste of time and can actually be harmful if there's unfavorable things nearby.

My project was in View Ridge. 

@Harsh Poshti from my point of view and given the location's visibility on 355, proximity to the Clarksburg outlet and residential surroundings, a mixed-use approach could maximize your property's potential.