Hi All, I am under contract to purchase a single family home in Rhode Island that was supposed to serve as my residence.

I need to find their address to serve them some papers when I file it there.

Industrial will require caution and specific knowledge as those assets will now be in completion with converted Big Box spaces that now serve as distribution centers including last mile.

Honestly I would hold out for better COC and CAP if this were strictly an investment property...I think I am allowing a little bit of leeway as it will serve as our current residence as well and will save us money over our current rent when netted against the rental income.  

You must invest that cash to avoid boot. (3) A Delaware Statutory Trust can serve as a great fractional replacement property for someone who can't find one or wants to avoid management hassles and take on personal debt in the replacement property.

It's noble to want to help, but there are so many ways outside of your rentals, to serve the community, through your time and money.

Small investors are probably better served by focusing on sound project economics first.

It might serve as a good checklist and help you evaluate all costs on flips moving forward. 

The idea is to have some tax free money in your later years when you are probably earning more money, and it also can serve as a rainy day or emergency fund. 

I've never inherited a tenant with a property purchase, nor have I served an eviction, but I am faced now with the prospect of buying a good property/location where the tenant has a few red flags.