Additionally, FEMA updated the local flood maps here in July 2024 and much of the area now requires flood insurance. 

Additionally, the boots on the ground partner has to be extremely trustworthy.

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

The requirement to do this generally involves an experienced GC signing on the borrowing entity as a 20+% owner thus making them a signatory on the loan and responsible for the debt which in most cases is not very easy to find.

Additionally, your brother would inherit your cost basis in the property, which could result in significant capital gains tax if he sells the property later.

I'm happy to answer any additional questions as best as I can. 

What else i should ask inspection to look for in addition to below.

For now, my immediate goal is to pay off all of my credit card debt (should be accomplished by February 1.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

This is not as passive as other investing but it will help launch your portfolio so that you can continue to invest without needing to work additional jobs.

They will have additional costs for mailing & online campaigns to get leads.