You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

There is no rule or guideline as it completely depends on the condition of the home, the area and the types of finishes you do. 

It's important to note that while these methods exist, they may not be suitable for every situation, and the feasibility can depend on factors such as the type of property, the seller's willingness, and your financial qualifications.

If you are in a closed-end fund and relying on "pref", "Class A" or other distribution type you may be in for a rude awakening with some operators (again, the devil is in the details, aka the OM/PPM).

I can't imagine that whoever built his property would have been able to get a building permit without legal access to the property, as that's one of the first things the AHJ wants to know, so there's got to be some type of easement I would think (or a court would probably grant him one if it came to that).

Tools I use for my STR business are Hospitable, Safely, & Touchstay.Important note to consider:If you're the go-getter type with time to spare and want to be hands-on, I'd recommend self managing and capturing as much revenue as you can by implementing tools like PriceLabs, Hospitable, TouchStay, etc to run a more efficient STR!

Hey Jason, Welcome to the Forum,What type of investment properties are you interested in?

These loans are not typically available in your traditional banks, however their are loan brokers out there who specialize in this type of lending. 

Estimated Monthly Rent to be collected is $2,550-$2750/mo giving us positive cash flow of $67-267/mo in year one on Lot 2.What we do on Lot 1 will depend on zoning and the type of property we will be able to construct.

Is there any type of expense associated with that, i.e. does the landlord require the space renter carry a certain type of insurance, are they responsible for anny HOA/maintenance fees, taxes?