What are the scenarios that can happen with this second auction?

You bought this with only $30,000 ??????

What’s the best route to access the equity from the rental?

What benefit does this provide them?

I think this mindset stemmed from my family struggling after the 2008 crash. - 2022-2023 I let my spending get out of my natural comfort zone. - 2024, I’ve been retraining myself to focus on saving & budgeting.Any helpful tips to help balance this?

Quote from @Vincenzo Peter Manzella: This is why landlords or managers should inspect every property at least once a year.

This strategy allows you to diversify your portfolio, leveraging both the stability of a Roth IRA and the growth potential of real estate, while gradually increasing your investment capacity over time.

I think this will be a decent deal.

. $38k Investment I 12% Annual Priority Return I 25.7% IRR I 2.9x Multiple I Hold Time 5-7 years What made you interested in investing in this type of deal?

If you have a way to obtain more parking it may be a helpful step in conforming to their rules.