Fostering a good financial mindset is my actionable step for the near future, focusing on my savings rate and putting together a buybox for a potential future house hack. 

To potential new investors: See my feedback in this link.

I intend to sell all four lots together as a package deal, regardless of whether they're combined or separate.Pros of Combining Lots:- Simplified Selling Process: Potentially easier to sell one large parcel than multiple smaller ones.- Increased Marketability: A larger, single lot may appeal to buyers looking for more space and privacy.- Potential for Higher Value: Combining the lots could increase the overall value due to the larger size and unified waterfront access.Cons of Combining Lots:- Limiting Buyer Pool: Some buyers may be interested in smaller, less expensive parcels.- Zoning and Regulation Challenges: Combining lots could complicate zoning and what can be built on the property.- Costs and Legalities: There may be costs and legal procedures involved in combining the lots officially with the county.I'm leaning towards combining them for the simplicity and the unique appeal it could offer to a certain market segment.

I worked with Brian Maddex at Guild Mortgage who comes to our local REIA meetings and was great for potential ways to structure the deal.

I would be down for meet ups if I lived in the area, but we do know a lot of good agents in the area and I know there is a ton of potential there.

Consider joining one of these groups or attending these meetings so that you can get to know other people and potentially find a future business partner if you need one. 

I would take him up on it since you have absolutely no risk.Unless you sign some sort of non-compete and are not allowed to do deals outside the partnership until he recoups $500k then that would be a large potential issue.Good luck!

Folks are renting quite a bit in Chattanooga, and while Kevin is right about the lower prices in Memphis, Chattanooga offers a quickly expanding market with huge potential.

If you do 1031 exchange multiple times, do you pay taxes on the profit of only the last sold property or do you have to pay taxes on the total potential profits of all properties.

Hi everyone, my company builds single family homes in SW Florida, I have had a few potential buyers reaching out to me regarding potentially submitting an offer and going under contract for different properties, while they are under construction.