Everything around the lot is older but the neighborhood is less than 5 minutes away from downtown, hospital and colleges. see this all the time in and around downtown columbus OH, we have frindge areas that are getting rehabbed and flipped like crazy and then the new builds come in. 

.- When handling insurance on previous subto, we purchased new insurance, canceled the old insurance which was part of escrow.

If I was looking in PG County, I think Hyattsville and College Park would be my main targets.

Quote from @Robert Phillips: Hello, I am currently a Senior in College and I am pursuing my Ohio Realtors license.

Our primary issue on both previous CPAs was lack of engagement/enthusiasm in their work.  

I have done some research on ADUs and have come to conclusion that getting a house near a hospital or good college area with a big yard to add an adu and convert gargae to junior adu would be best.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.

I have had wonderful renters each year, relocations to my area who need temporary housing, but this year have not had even a single inquiry (priced the same as previous years).

If you have insights on creative ways to acquire rental properties or storage facility businesses with minimal capital, I’d love to hear from you.

I mainly bought it for the land, do not intend to rent it out for cash flow or what not.It is currently occupied by the previous owner.