Checking in with the BP public on this...wife and I just bought and moved into a SF this May at 6.812% and the monthly payment (4319 all in) is pretty painful.

I just picked up the book on investing in real estate with no (and low) money down.

I'm hiring a property manager and the management contract requires a waiver of subrogation in favor of the property manager.

My first deal came from the thousands of postcards that I mailed out to private note sellers in TX.

The seller dug out the basement to increase the ceiling height which required  underpinning.

This depends on the lender and what is charged in the orig fee.

The property is free and clear.  

Save yourself the hassle and avoid these common pitfalls no matter how much you like the name or "professional" you believe the entities may appear.  

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Nothing is owed on the inherited property.My question is, with the costs of building new still relatively high, would it be better to subdivide and build on the current property or use the equity of the inherited property to buy another separate income property?