What made you interested in investing in this type of deal?

Instead, in advance (by days generally), I sign documents needing a notary at the local Wells Fargo, then overnight mail or have a broker pick up the executed documents.

As the need for housing, particularly more affordable units, I think we'll see various types of development.

From my perspective the type of finishes between your property (when it's rehabbed) and comparable properties could swing 5-10% if there is a substantial difference in finishes.

To me that would be simpler and also eliminate any additional expense to generate and record any additional documents. 

In our case, we used our CPA, who creates SD 401(k) plans for his clients, though I’m sure he obtains them from a facilitator.You'll receive a disarmingly simple one-inch-thick three-ring binder containing your plan documents.

Consider factors like neighborhood, school districts, and proximity to amenities.Financing and Mortgage Considerations:Investment Property Mortgage: Understand that an investment property mortgage may have higher interest rates and require a larger down payment compared to a primary residence mortgage.Future Refinance: Consider the possibility of refinancing the property when you decide to move in, potentially lowering your interest rate and monthly payments.Loan Types: Look into loan types that might offer favorable terms for investment properties, such as conventional loans or FHA loans if the property meets the criteria.Rental Management:Long-Term vs.

You'll have issues with selling.You'll have issues with the county if they find out.You'll have issues with insurance if there is a claim, and they will do an inspection.If it is not legal and documented, everyone will find a way to penalize you and take your money.

That type of thing.

I'm particularly passionate about Long-Term Buy and Hold Investing.Outside of real estate, I enjoy Triathlon, Beer Runs and races, and pretty much any outdoor fitness type activity.Excited to learn and connect with you all!