When I helped start a restaurant, I tried to prepare as much of this stuff as I could before opening and it saved me stress and time repeatedly. 

It's possible to find great tenants with thorough screening, but also be mindful if you're considering short-term (e.g., AirBnB) as it will expose your property to bad actors.Law enforcement and the legal system seem to operate quite slowly out there.

Fast forward 2 years his landlord mentioned in passing he might sell the property; I was the first person on his mind.

Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear. 

Mind you, I pulled out of the lending space back in '20.

Yes the rate is great but if real estate does not appreciate or goes down in the next three years would that change your mind?

With EPIC theme park opening in a few months, this area is seeing bookings pick up, but it is a very competitive and crowded market.

Also, keep in mind that an IN multi member LLC would require a separate tax return, so you would want to budget for extra admin fees.

I feel it's extremely important that I link with like-minded individuals.

Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.