I bought a business where the prior owner was sued for $3 million causing injuries to some customers.

Don’t want all of my insurance policies to go up or deal with the hassle due to this neighbors negligence.Worth hiring a lawyer to send a demand letter?

Tenant says this is not part of my business. 

And should I follow the 1% rule to see if homes are even worth it( only because house prices are very high)Hey Nicholas, I would say the 1% is great, but at the same time, you also want to find a decent deal in a good area.

Lastly, if you're considering a career change or starting your own business, it will be difficult to qualify for a mortgage until you can show stable/consistent income.  

In my experience, most who were willing to take the extra step toward having their property professionally managed were relieved to not have to deal with:A.

We are considering using the rent to own strategy with our newest deal, a 2 bed, 1 bath.

Does anyone know a better deal for stamps?

The deal wouldn't have worked if I had not owned the land.Also, before you find a plot of land to purchase, I'd check the zoning to understand what you can build, NOT after purchasing. 

What made you interested in investing in this type of deal?