You can file a Chapter 13 which will protect your home and its a clean way out.When you file a CH.13 BK its not the end of the world it simply protects your home since its your homestead from foreclosure.

I thought about buying a non developed lot in cash, subdividing it, clean it (take out trees and bushes), get permits, and start building 1 property sell it and then build the second one...The problem is that I am afraid of going this route because of messing with sewer, water, electricity...

Again though, as a CPA I let the attorneys work with clients and determine what is best as the DIY options might leave you with a void that renders the LLC (or any entity for that matter) set up ineffective and useless.

. - Finding a Good Team: Since there is a language barrier in place it was much harder to communicate with any cleaning companies/property managers we found. 

Also, operating expenses like cleaning, or purchasing sheets, and towels are much cheaper.

With some cleaning up and small renovation you can get up to $2000 per unit.

I'm a very DIY investor and I want to invest in a good painting set up.

Vacationers are starting to go back to hotels as Airbnb fees have increased and they don't want to deal with cleaning dishes on top of paying cleaning fees.We stayed in a nice vacation rental on the Oregon Coast and there was evidence that kids or homeless were hanging about when it was vacant.  

DIY Cost seg are better for smaller properties. 1.

Sure when it is clean a dark color looks much better however it also shows dust and dog hair a lot more.