As an example, I had a resident call me for bail money at two in the morning.

So if I sell the bare land and use the 100k as a down payment on a duplex I basically need to come up with another 100k of my own money to match the down payment if I’m going to live in one half of the duplex?

It ended up being a great deal as the sellers divorced and needed money and accepted a small portion of the loan as payment in full.

Lastly, you can use the PREVIOUS lease [if you like it and put an addendum that the original lease stands except for 1. landlord name and place where you pay money?]

These are all money pits.

(especially if you're borrowing money for the deal).

Theoretically in 3 years could I refi and pull out the money she needs and lend it to her to build the house?

I am wondering if i am losing out on money by renting long term?

The winning bidder won't have documents to prove ownership, so how can they protect their money or interests during this time?

Her staff wasn’t allowed to handle money, so we didn’t receive rents for months.