I have personal capital readily available to invest in various aspects of the venture, including contributing to the investment pool, covering legal expenses, conducting due diligence inspections, securing earnest money deposits, and addressing other initial capital requirements.4.

@Elyse MartinezRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

We were able to rectify their understanding of where these buildings were actually located in relationship where they thought they were. 

**Safety Upgrades**: Installing security systems, fire alarms, or sprinkler systems ensures tenant safety and compliance with regulations.Understanding and budgeting for these capital expenditures is crucial for long-term success in multi-family property investment.

Where she wanted it installed was not a good location so I installed it where it made the most sense. 

What is also very common is to charge a more aggressive security deposit or do a regular security deposit plus a monthly Security deposit alternative on top of rent to ensure you are properly Collateralized.

Fourth Start Small Select properties that align with your budget and investment goals and also consider Location Matters, Due Diligence, Build a Reliable Team, review Risk and Reward and continuous learning the most important.

The easement must be evidenced by written instrument recorded in the office of the clerk of the circuit court in the county where such land is located before the recording of such tax deed or master’s deed, or, if not recorded, an easement for a public service purpose must be evidenced by wires, poles, or other visible occupation, an easement for drainage must be evidenced by a waterway, water bed, or other visible occupation, and an easement for the purpose of ingress and egress must be evidenced by a road or other visible occupation to be entitled to the benefit of this section; however, this shall apply only to tax deeds issued after the effective date of this act.197.573 Survival of restrictions and covenants after tax sale.—(1) When a deed or other recorded instrument in the chain of title contains restrictions and covenants running with the land, as hereinafter defined and limited, the restrictions and covenants shall survive and be enforceable after the issuance of a tax deed or master’s deed, or a clerk’s certificate of title upon foreclosure of a tax deed, tax certificate, or tax lien, to the same extent that it would be enforceable against a voluntary grantee of the owner of the title immediately before the delivery of the tax deed, master’s deed, or clerk’s certificate of title.

But, will it be possible to secure another loan ?

They are concerned that after we pay for the research to find and locate tenant and their bank account, they may not have anything to pay with.