Keep in mind by accepting responsibility to list it, you will also have to be mindful of all fair housing laws. 2 - Ask your insurance company for a quote, pretty simple.

I would keep the LTV down a bit if you can.

Keep in mind that if you register your company in a different state than you are doing business in, you most likely will need to register as a "foreign entity" in the state you are doing business in.

I have been studying my market since 2018 and that's just it, I haven't taken any action and just keep collecting knowledge.

So, I think how you handled it was fine, but keep in mind you are a neighbor and if a random neighbor asked you that you MIGHT help them out if you were BFFs or you might respond as you did it if you weren't as friendly.

I understand the significance of these aspects and will certainly keep them in mind as I move forward. 

Maybe remodel it keep it a prison & lease back to state for detention overpopulation.

You of course are going to have a keep an eye on Airbnb, vrbo, etc etc.

**Common Area Maintenance**: Keeping common areas like lobbies, hallways, and recreational spaces well-maintained is essential for tenant retention.6.

Also keep in mind the age and infrastructure charges associated with a property.