I am so frustrated and saddened this person did such a thing but was told that If I sell the property, which I prefer to do by seller finance, the code enforcement cancels.

Meeting these requirements could allow you to offset W-2 income with deductions like bonus depreciation and cost segregation.

Read books like Set for Life by @Scott Trench and Start with Strategy by @Dave Meyer to get the mindset of starting on the table before going too deep into an asset class or something like flipping.

Some areas its not bad other areas its horrid and you do one and leave like for me I will never build in the city of Portland OR again.

You need to calculate the time to break even on this, and consider if you will live in this home in 1 or 2 years from now.

Trust me.That's like me saying "I'll speak Spanish once I get more confidence speaking Spanish."

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

@Carlos LezEvacuation plan is a simple plan like you see on every hotel door.

However, some investors see potential in these markets because of low entry costs, steady military demand for housing, and decent cash flow from rentals, especially if the area has stable, government-backed tenants like service members.

Louis, consider specialty providers like Powers Insurance, St.