We figured the septic permit from the county would be sufficient - but turns out our foundation quote/budget was way too low due to soft soil.We're trying to figure out if we can get the land under another type of financial instrument and continue with the RV plans without putting a home on the property. 

If you want to scale in the business, you are either going to need a strong balance sheet partner or consider syndication.Congrats, you've got a great foundation to start fromGino

But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

For example, a garage, a large lot, a covered patio on foundation, etc. 

I want to first point out that the property needed renovation after apparently a storm that damaged the foundation of the home and it took about 7 months and a great deal of money to fix.

**Limited Ownership**: I don’t own a lot of properties yet, so paying off the mortgage on my current property provides a solid foundation.2.

You have a super solid foundation on your site and I am pumped to hear you're starting to learn more about SEO.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

There's chipping paint on the foundation outside.

I have purchase properties in Texas with foundation problems that would make people run in fear in other parts of the country.