Unless you've got something unusual <$500.I'd be looking for stuff like:1) Major CapEx - Life of roofs and siding and paving and plumbing2) Moisture invasion ANYWHERE since this gets more expensive the longer you wait3) Making sure stuff (like remodels and wiring) is up to code. 

The Collateral paragraph says: All tangible and intangible personal property, including, but not limited to: (a) inventory, (b) equipment, (c) instruments, including promissory notes (d) chattel paper, including tangible chattel paper and electronic chattel paper, (e) documents, (f) letter of credit rights, (g) accounts, including health-care insurance receivables and credit card receivables, (h) deposit accounts, (i) commercial tort claims, (j) general intangibles, including payment intangibles and software and (k) as-extracted collateral as such terms may from time to time be defined in the Uniform Commercial Code.

We own 6 + acres in Tucker, Ga and are discussing a JV to help develop, We are open to creative deal structures that work for all parties, objectives can be altered and discussed- but we are unsure how these are typically structured if we own the land outright.

It's likely a code- compliant installation, however.  

This is a good time to start bringing a team of professionals on board to help keep your project cost effective, completed to the proper codes and standards and completed in the shortest time possible.2.

I fell that House Hacking is a cheat code we can all use to get into the real estate investing scene, even more so with service members being that we have access to the VA Loan.

Unless your rooming house is fully compliant with Fulton County and City of Atlanta ordinances {see http://atlanta.elaws.us/code/c... for starters}, you're going to have a hard time finding any professional property managers willing to touch it.For them, that's a lawsuit just waiting to happen...

That's very much how we ended up altering our personal spending habits from middle-class American norms to more reasonable patterns informed by an understanding of the financial independence movement.

Please before you do anything check with the local code enforcement office to see what is allowed.  

I would recommend looking into west Jacksonville and orange park area the zip code is 32210, 32244, 32215,32205.