Hi everyone,I’m exploring a unique development opportunity involving my property and neighboring parcels, and I’d love some advice on how to move forward.My neighbor is currently in the process of building 54 townhomes on the property directly in front of mine.

Would you eventually scale down to fewer properties with higher cash flow, or continue holding indefinitely?

You can't do that if the property is out of state.

// Shared Ownership, Different Rules TIC Owners: Hold fractional shares of the entire property, but no one owns a specific unit outright.

We currently have 3 properties.

- I understand that properties go to auction, but what’s the process like from start to finish? 

I would much rather add a property to my portfolio..

Financing your second property can be tricky since lenders may only count 75% of rental income toward your debt-to-income ratio, so get pre-approved early.

- the property is based in Garfield Heights - and that my property tax will be much higher.More details: https://brickbear.ai/share/deal/1/583

On the journey, I once sold properties that were 30 minutes away as being too far, and also managed some properties that were 200 miles away.