They can offer guidance on compliance, permits, and inspections required before you can legally rent out the property.Investing in these initial steps will not only help ensure your property is safe and compliant but also potentially increase its value and appeal in the rental market.

While the potential for appreciation and increased land size is attractive, the high debt, negative cash flow, and uncertainties raise red flags.

But you must assess your long-term investment goals and whether the benefits of liability protection and potential tax advantages outweigh the administrative and financial costs associated with maintaining an LLC.

As Bill mentioned, you could potentially be a coborrower for him on a cash out refinance to increase his buying power.

Your only worry remained getting the correct rate of interest to pitch to a potential investor.You wrote on your profile that you're an insurance agent.

Remember to conduct thorough market research and due diligence, but Milwaukee's affordability and rental income potential make it a compelling option for out-of-state investors like yourselves.

@Manaswi MishraThe debate on the potential for cash flow in the Bay Area has been going on long before BP was ever created.

Hello. I have 55 acres of raw available land with good road frontage in Wills Point Texas. Looking to promote it as a wedding venue opportunity. Any ideas?

There are those that say its the insurance company's function to not pay out and find ways out the policy, so this is pointless. 

As soon as it is basically clean and the smell is gone, you can have potential new tenants walk through.