Playing an appreciation game can be risky.

I spent quite a bit of time in the Jackson area playing MRA, JA and Prep back in the day.

Quote from @Gerald Wallace: I'm playing Devil's advocate and running your numbers through the worst-case scenario.

Here are key factors to consider when searching for a reliable broker.A good private money broker plays a pivotal role in facilitating real estate investments, serving as a bridge between investors seeking capital and private lenders willing to finance those investments.

Right on cue, we see 0 to 1 at play from @Eric Carr.

The smart play would be to build a two story wood frame structure on top of piers or concrete block in most cases. 35 feet is a pretty typical height limit in most neighborhoods, so depending on elevation you SHOULD be able to build two stories on top of the elevated foundation.

Maybe play dumb a little "I don't know if I'm in the right place..."

But there are other factors at play.

And that was my understanding (the basics, at least :-)...Given that, the scenario that Bob presented in Deal 3 above seems unlikely to play out legally...

And the one time we did get sued by a tenant the LLC never  came into play (slip and fall on ice that the tenant won a nice settlement on from our insurance company, insurance company handled it all).