The mortgage is secured—or collateralized—by the house, the buyer’s name goes on the title and the mortgage is recorded with the local government.2.

These can include unexpected expenses, such as repairs or maintenance costs, as well as changes in market conditions or regulations that could affect the demand for rentals in the area.Overall, it's a good idea to thoroughly research and evaluate any potential investment before making a decision.

.- Participate in areas of the U.S. federal tax code that are considerably more favorable than the ones I’ve been governed by to this point as a W2 employee.- Network with like-minded investors and learn something new that stimulates a part of my brain that I don’t often use at my day job.- Make a positive impact on my local community.Thanks to the BiggerPockets community for the great information and support!

Renting out the house as is: Depending on the condition of the house, you may be able to rent it out to tenants as is, although it may not be worth as much as a fully renovated property.It's important to consider the local market and the zoning regulations in the area before making a decision about how to monetize the land.

It took that long because there was a myriad of new regulations from Gatlinburg and Pigeon Forge, and the local authorities were trying to figure out how to implement it all.  

. - The nonmember assumes only the remaining unpaid balance of the loan (no new money or refinancing);- There is no extension of the original maturity date beyond that specified in the loan agreement with the member;- The original loan was not made to the member with the underlying intent of having a nonmember immediately, or soon thereafter, assume the loan;- The terms of the assumption are consistent with the loan agreement and in compliance with the FCU Act, NCUA Rules and Regulations, and other applicable law.My guess is that they will initially say no.

If you have an FHA or other government mortgage on your home, look into whether your current mortgage is assumable by a future buyer. 

When it comes to hosting a tiny home on wheels on Airbnb, it's always important to check the local regulations and laws to ensure that you are operating within the boundaries of the law.

The way you are structuring this deal, you are likely creating a security, which means that the transaction is now regulated by the SEC and their rules. 

Because housing is higher priced and rates have risen, your underwriting should be more conservative.  1) Use 10% Cap Ex, 10% Vacancy, 10% Management and see if it still cashflows. 2) Check HOA's fees and dues, as well as HOA regulation.