Hi all, I own a lot outright ($190k) at the Delaware beaches.

Quote from @Paul De Luca: @Mitchell PetroskyWelcome!

The police & animal control are very little help because of a lack of resources... always good to see my tax dollars at work!

Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information”.The BOI program, a key tool in the fight against financial crimes, requires every business to document their 'Beneficial Owners '.

But hard for investors to control what they invest and how long can we get the money back so I won't invest more money with them. 

Next, the GP which owns 1% should be a Delaware LLC because Delaware corporate laws are well established and business friendly.

The rest is luck: did it rain that weekend and did we have the right buyers walk through the door, to push the winning offer just the last bit.. you can't control that. 

When a squatter decides to park his RV across the alley from the d**e house, never expected it to be Walter White.

BRRRR is extremely difficult but you have lots of control. 

And it's actually scary that he controls the acquisition and rehab part of the process.