I like the idea of gaining much more knowledge.

In this case, since the capital stack includes 70% debt, it's likely that some portion of the income generated by the preferred equity investment could be attributable to UDFI, potentially triggering UBIT.However, the preferred equity in your scenario may be treated differently from common equity, especially since there is no upside participation beyond the fixed return.

That looks like an AI list because 4/6 happen well after you are under contract on a property so don't make that much sense.

You don't know if they are legal or how well they are built.

There's so much you could do with a property like that!

Having a solid team around you like agent, lender etc.

I tried to google but could only find vacantion-like sites with exorbitant prices.- Is there a kind of person who could help me with pre-sale improvements (roughly saying, to tell me what is worth replacing, improving, etc and what is not,1 to make the house more attractive for the buyer)?

I feel like the market here is very tight, and most of the properties I analyze are tight or don't make sense.

My goal is to learn from experienced members, exchange insights, and build connections with like-minded individuals who are passionate about growing in the real estate market.

There are plenty of creative ways to avoid some of the worst case scenarios in real estate like foreclosure.