There are a lot of other issues, but for you as the owner, the main one is usually do you have to have the current tenants out to build (no income) on to the existing property or are you going to do a knockdown new build?

These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.

And lastly how about the extra squatters that do have income and are paying the main squatters $$$ for subletting.We need to put up a fight and “DEMAND” what’s owed in backed rents and if the squatters don’t comply than see the them in court with an UD along with including All the John and Jane Dows that are squatting with the main squatters and most likely hit them with a JUDGMENT with a DING on the main squatters credit including his wife’s credit along with wage garnishments.

Be sure to factor in management complexity, market research, and your risk tolerance as you evaluate options.Without a W-2, HELOC approval can be tricky, but some lenders will work with retired individuals, mainly if you can document stable income (rental income, retirement funds, etc.).

Our house is in the R2 zone (4 blocks off main) and the process to transfer the permit back in March was a breeze.

Tourism is a growing segment, but by no means the city's main producer. 

If you are looking to passively invest I would recommend finding a company that is vertically integrated so you have one main point of contact from start to finish.

Gutted main floor and new construction second floor for added sqft. 

Inspection Results: Mostly small issues, inspector was mainly concerned with multiple cracks throughout the siding.

The main one is running your business well.In my experience better than 80% of lawsuits are settled out of court.