After talking and working with different real estate professionals, we learned that although analysis paralysis is not good, jumping into real estate with 2 feet before you know enough about the basics is also dangerous.

Sub too is a very dangerous transaction for a seller if the buyer is not financially sound. 

If you don't have another option it sure is nicer than a ladder ;).However moving anything of substance up and down them is an absolute nightmare.

If anything comes of substance from that I'll add it to the thread. 

I would say that you are in no danger of being cited, or otherwise hassled by anybody official.

Dangerous?

@Phillip Cailey Whilst I think I understand where you are coming from with your comment, I WILL say that doing notes without any knowledge of real estate in general (yes, that includes buying, renting, flipping, valuing, etc, etc) seems like a dangerous proposition to me.

@Patricia Sander Two things - 1) You need a new Realtor and Attorney, they are supposed to work for for and represent YOU. 2) You assume waaaay too much, that is a dangerous habit in this business....

It’s more of a locals town, lots more waterfalls, and the downtown has a little more substance to me.we bought in Nov 2022 for $365k, and are on pace to gross $55-60k with our first rental.https://abnb.me/KOuWo7B1CBbI have found in this market, the smaller the place the better occupancy is holding up.

Factor in inflation and with any blips at all you're actually in danger of moving further away from your goal every year if you keep adding assets with that performance.