@Jalen De LeonFirst question to ask a potential CPA...do you personally invest in REI. 

De-leveraging your loan4.)

@Nathaniel Free reach out to Christy De La Torre, Corner Escrow in Laguna Niguel....CA that the seller has to approve and sign an assignment addendum separate to the purchase and sale agreement? 

But you can de-leverage your risk in several waysa. hire an experienced PM or partner with an experienced operator in exchange for some of the profit. b. finish the project quickly and provide financial incentives to the contractor to do so.

Look up Frontier town in Ocean city md ,  Castaways in Ocean city Md , Masseys landing in Delaware , Jellystone campgrounds in most stated .

@Gail L boucher if you want out of being a landlord but don't want to pay the deferred taxes, you are pretty limited to 1031'ing into Delaware Statutory Trust (DST) or Syndication type investments. 

I'm looking to connect with individuals in the DE, PA, and MD areas who would be open to meeting for coffee or having a phone call.

Selling the lot next door to your rental property may 'de-value' it but it may also help to increase the vaule over-time as well.

@Paul De Luca - I'd say the plan would be : - Get this northwoods place sold - Rent the cheapest studio I can find in an area I like, and start learning- Start with one building, be it a 2-flat, or a 4 unit, get it done in a year, perhaps on leverage seeing as I'd be keeping a gigantic nut of cash in case things go south.

Make a demand for your uninvested cash by email, in writing by USPS certified #PeerStreetI believe the beautiful location in El Segundo is empty/closed To file in Delaware court Case Number: 23-10815 (LSS) Deadline to Object to Interim Approval of Disclosure Statement and Solicitation Procedures February 14, 2024(04:00 PM ET)Hearing to Consider Interim Approval of Disclosure Statement and Solicitation Procedures February 21, 2024 Judge Laurie Selber SilversteinFILE!