Purchase price: $74,000 Cash invested: $30,000 Beautifully renovated 4-bedroom split-level home that features a new galley style kitchen with 42" soft close cabinets, stainless steel appliances, recessed lights, updated baths with modern vanities and fixtures, large living room that leads to separate dining room off kitchen, three spacious bedrooms on 2nd level with modern decor, large lower-level family room with ceramic tile flooring with well-placed laundry cove, and recently laid sod in front and rear of property.

Whereas the neighbor's insurance company or the neighbor may be found responsible for paying future damages caused by their trees.I have a rental house with two neighbors large trees overhanging on both the side fence and also the rear fence encroaching toward my newly re-screened pool cage.

We added value by repainting interior, new floors, new roof, resurfaced the pool, added a fence for privacy, upgraded the landscaping, sealed and painted the exterior, added central A/C with new unit, upgraded the irrigation system, added gutters, added security cameras, added hurricane proof front and rear doors.

@Don KonipolWhat kind of commercial RE are you involved with?

But if the proceeds of borrowing or of a refi on RE are used for non-RE (e.g. - to lend, buy BTC, buy notes, etc.), then the 401k pays UBIT like an IRA. 

How long have you been investing in RE? Are

(I'm told the lot can't be subdivided because the rear parcel would would need a street frontage, rather than alley access.

You could lose your rear end on this thing if the market adjusts mid build.

As the bad times become a distant memory in the rear view mirror, new investors are more willing to assume, debt, leverage, and smaller margins.  

Folks in RE are generally nice helpful, hustling to change their lives for the better.