The space is not very big and I am thinking that more people would be interested in renting it if the bed is there.

Hypothetical 1031 Exchange question here for one entity with multiple members: If you have an LLC with three people in it holding a rental and all partners decide / agree / vote to sell...

I have a meeting with a lawyer in the next few days but I thought it was prudent to also ask for help from people who have already done it.  

However, I would like to know a few things from people that are more experienced:1.

Hands down.

Just curious to see how people in this community started when venturing into the land and new construction aspect of investing. 

While everything above is great people lower rent brings lower people problems.

Purchase price: $215,000 Cash invested: $55,000 When we talk about long term rentals the goal is to buy something that people are going to live in 3-5 years with the ability to raise rent over time ahead of insurance, taxes and inflation.

The Shenandoah Valley can be a little confusing for people who aren’t from the area.

Keep a decent reserve fund on hand and call your own plumbers/repairmen as needed.