I would greatly appreciate any tips, recommendations, or cautionary tales you can share based on your own experiences.Specifically, I'm interested in learning about different creative financing methods, potential pitfalls to watch out for, and any legal or financial considerations that I should be aware of before proceeding. 

Thank you for sharing!

Maybe share those reasons (or others you may have) as to why you will no longer be "delivering" their mail to them.

@Jay Hinrichs Thanks for sharing the backstory!

I think the issue would be finding the right place, I shared property with a mobile home park during the 3 years I lived in Boulder and the bike path runs throughout the city so that might be something worth looking into!

Thanks for sharing!

I'm jumping in just to pile on what has already been shared by @Melanie P.I am a homeowner.

If you are on the fence with respect to purchasing real estate, then you can always add language in the sales agreement permitting the assignment to an entity you will create for the purchase the real estate.

Care to share!?

Hi everyone,There are couple of ways to value the price of land in depreciation, such as the 80/20 (20% to land) and Using Property Tax assessor's values, or getting an assessment of recently sold lots in the area.I was discussing this with one of the CPAs, and he shared that if the cost of building the house is more than the purchase price, then the land is essentially of no value.