I used to consider umbrella to be cheap insurance, but that is no longer the case if you live in CA.  

I had this issue once, at a property that was nearby where I was living. 

If you sold the quad there are costs involved, and then you have to find somewhere else to live.

I found myself attending in-person networking almost weekly prior to the pandemic, but we live in a different world, and the digital shift has made it harder.Currently looking for personal investment deals in the area, and also passionate about connecting other local investors with trusted service providers.

Lending options depend on if you're going to live in the property or not.

Fix them up while living there and rent out the units to help reduce your mortgage. 

Purchase price: $46,000 Cash invested: $38,000 Sale price: $68,000 Live in fix and flip, admittedly the cash for deposit was a gift, leaving me time to live in It and fix things up.

I'm looking to target parcels around where I live (in the Midwest) to buy and subdivide into a minor subdivision to sell to builders.I am seeking help on what criteria I should be using to filter down lots for this goal.

When all the expenses associated with owning and maintaining that house exceed the rent you can get from the property you are effectively upside down and are actually paying your tenant to live in the property.  

Florida, where I live, passed a great amendment to our "squatter" law.