In my locality, persons are recruited to serve as testers for landlord racial discrimination by the local Fair Housing enforcement agency.

Im guessing this option does better with cash at hand than getting a loan.

You have to be an expert at dialogues and the risks of subto are not widely known or are said to never happen (loans being recalled), but that's not what I would bet on.

We are going to check out the area in person this week.We are thinking if number works out it will be still good investment.  

On the other hand, BRRRRs will cash flow slightly.I personally think that the farm purchase is more of an emotional decision for me and I am leaning towards not going forward so I can invest in BRRRRs which helps me achieve my goals more quickly. 

Hi Dolev - have you looked into a DSCR loan?

It's hot and muggy during the summer and I personally wish it had snow more than once every 5-7 years.

Suppose you are personally sued; during the discovery process, you must provide information on all of your income and assets (including your LLCs in any state (with or without anonymity).

It's similar to how you report it for tax purposes in years where you aren't selling it, you report 50% (or whatever % is allocable to each side) as rental property and depreciate that 50% while the other 50% is your own personal residence and therefore is not part of Schedule E.

If someone injures themselves and sues, they will be suing the LLC and not you personally.