If I do not exercise the option to buy the property after 5 years the landlord will keep the option fee and all rent that has been paid.

At least with the S&P the dead companies fall off but overall RE keeps the underperforming in the mix.If one is high income then just throwing cash at the stock market over the long haul a nice way to go.

If you'll need a loan though keep in mind lending for land is harder to get than lending for a residential property.

Don't forget to keep yourself updated on local rental laws, landlord-tenant regulations, and market trends in order to run a successful rental business.

I will keep pushing.

. :-)3) you’ll want to talk to a tax pro about if you should have or were required to keep taking depreciation after you stopped renting it out.

I did speak to a police officer I ran into while he was parked keeping eye a few blocks away from the property I purchased.

Awesome start.Good luck and please keep us posted how this journey goes for you!

Keep in mind that successful real estate investing involves thorough preparation, research, and continuous oversight.Good luck!

Keep in mind the more work they are going to be doing and the better the job, the more you will have to pay them.