Each deal has a new set of local customs.

Who knows, I might come to prefer landlording!

3) Do you prefer asphalt, gravel or other for roads?

Yes I agree there is risk, but when the risk is virtually non existent, it's not worth even speaking about...yes, McDonalds and any restaurant can be at risk for serving HOT coffee and customer spilling such coffee on themselves...lawsuits could abound...but there are way's to virtually eliminate risk, even if a liberal judge on a mission, deciding in favor of a frivolous lawsuit, putting the hammer down on all those greedy and deceitful investors.

Hey, that's just like a customer!

I prefer a properly operated LLC (again, opinions differ) along with a solid umbrella policy.

The spacing is the "preference of the HOA board."

I'd love to hear people's thoughts on debt vs equity investing and what they prefer and why.I personally like the safety of debt, since things tend to be more clearly defined, as opposed to off the cuff estimates on returns.

, but if a title search indicates no cloud on title, that should legally qualify as "clear title" I would think.I know state customs are going to vary (in my state, it's very atypical for the seller to pay any title or closing costs unless specifically stated in the contract), but even if it's customary in your state for the seller to pay title search/insurance costs, short sales generally have their own rules.

What would be your preference?