It was made out of concrete block and it burned to the ground, along with a lot of other concrete and brick structures. 

Many property managers tend to focus on physical occupancy rates, but what truly matters is the economic occupancy rates—the actual rent collected.

You just want to make sure your paperwork is solid. we went with a company that specializes in writing them called creative tc. https://creativetc.io/@Ricardo Navarro Very interesting structure...so, you became a quasi-LP with the seller that drove the sale process?

There can also be substantial tax benefits if structured properly. 

Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.

You could structure the deal any way you and the seller want.  

If im out of state, does it make sense to join social media groups, etc. to accomplish the same thing without being physically there? 

If the interest rate is still a barrier, you could explore adjusting your deal structure or negotiating with the seller to see if there is any flexibility on the price or terms to make the deal more attractive for buyers.Overall, while the interest rate may make it more challenging, it’s not impossible to work through.

Since you’re not in a rush, you can structure your investments for both short-term cash flow and long-term wealth creation, ensuring a smooth exit from the corporate grind.

It helps to ensure everyone is on the same page and can save you headaches if issues arise.If you need further guidance on structuring these points or tailoring them for your project, feel free to reach out—I’d be happy to help you get started!