I've been listening to the bigger pockets podcasts and I remember David Greene saying a few times that depending on your situation, if you can hang onto an appreciating asset even if it isn't quite cash flowing that it is sometimes a good move because appreciation builds wealth long-term and eventually rental rates will go up.

So, we have a few possibilities: 1) My parents could sell the home and buy a new one with cash which we could do a land contract again. 2) My parents could buy vacant land which we can then build on. 

I'm currently exploring options for speeding up the process of securing business funding and building corporate credit.

Look for people on those pages mentioning that they are taking bids for contractors or specialists for work on their rentals, and message them to see if they are actively building their portfolios.

For example, it's hard to justify airfare for one duplex, but much easier for an 8-12 unit building and even better the more you get.

One way or another, they are building their net worth.Building net worth is how you may possibly retire with fewer worries.

People don’t realize how affordable it is and it’s something so valuable to have.  

Are you demo'ing only a free standing building? 

Long-term objectives play a crucial role; selling might be preferable if you need funds for other investments, while renting could be beneficial for building equity and generating rental income. 

🏡 Hey there, real estate aficionados! 👋
Leon here, thrilled to be diving headfirst into this bustling community of property enthusiasts. Coming to you from the picturesque landscapes of Grass Valley, CA, just a stone...