I know the answer to this question will vary based on alot of differnt factors(location in US etc....) but whats your best guess?

Real estate is like the weather - each area (and usually an area within an area) will vary dramatically - it's up to you as an owner/investor to educate yourself.

Ideally, you would buy properties that produce some income each month and that gain in value.Real estate business can be broadly divided into two categories - making deals happen and creating improvements.Making deals happens is what brokers and agents do.

If it is some independent sewer authority, then it probably has a chance to get wiped.Whether HOA liens are wiped out varies by state.

I don't know the exact cut-off and it would vary per area, but if your house is old enough (1920 is near this tranitional time), the lumber could be true sized rather than nominal.

I do exactly this.You would have to hang your license with a broker, the amount you pay them varies from broker to broker.

There might be a couple other expense categories you need to set aside for such as accounting/tax prep since this is all new to you as well.

Get a notebook and a pen, start at the first (oldest) posts in the category(s) that you are interested in.

I see these packages all the time of varying quality and the better packages have more information rather than less and have an experienced agent who controls and solicits the asset pool.I would look at putting together a property level cash flow alone with an aggregate.

LLC protections vary per state.