Additionally, consider other factors such as potential appreciation, tax benefits, and long-term wealth-building potential.Lastly, don't hesitate to seek advice from experienced real estate professionals, such as real estate agents, property managers, or mentors, who can provide valuable insights and guidance as you navigate your first investment. 

I've met partners, lenders, contractors, essentially my team and its been incredibly valuable.I also recommend finding someone in your market doing what you want to be doing at a larger scale and figuring out a way that you can provide them value.

It's not foolproof but it certainly helps preventing us from getting ripped off.  

That could be a good place to search for leads in the form of buyers seeking to purchase their next investment or realtors who may want to work with you to provide financing for their clients.

Folks here could review and provide some recommendations perhaps.

Why can't you simply escrow the costs of the road repairs with the local government or provide them a letter of credit to accomplish this? 

This move will likely prevent a lawsuit, however unlikely, from happening due to unobtainable info.Reason 2: I am reducing my administrative responsibilities as much as possible.

Would be happy to provide any additional information as needed.

I would suggest after reading into all the information provided by LO's above, which I wont reiterate, to find a referral from other RE investors in your area for private money.

I don't believe you could benefit from the capital gains exclusion.I'm also not sure this arrangement even provides you any real asset protection.