If keeping things simple is your priority, strong insurance coverage and separate bank accounts for each property can be a solid starting point.This post does not create a CPA-Client relationship.

While this trend is already common in downtown areas, will it start reshaping more traditional suburban neighborhoods as well?

But We plan to build a deck on the land to start and then make it an easy place to camp on the land.

Which would be to borrow the money to fund 1-3 residential flips, in order to pay back the loan and then have more capital to then actually build on the land starting early spring of next year. 

If your tenant leaves and you want to place a new operator, they have to start licensing over, the license is not transferrable. 

I know I will be back eventually but if I remain in the US for many more years the tax implications are a bit scary. 

How exciting to be just starting out in the space, congrats!

I tried selling at a time when the interest rates started to skyrocket, my assumption is that this deterred many buyers from the market who were holding on to the hope of rates dropping in the nearest future.

Only difference is the $10K is in your bank and the interest starts so you are paying on the full $10K over how ever many years they offer.Lastly, depending on your first mortgage rate it may be best to just do a "Cash out refinance" becuase its over a 30 year mortgage and the rates are lower then both Heloc or Heloans. 

I heard about bigger pockets from a friend of mine that has successfully built and rented multiple properties in our area. I'm eager to learn about how to find and fund properties that help my family financially and m...