However, now we're looking at this as a potential strategy.

@Nancy BachetyWe have one we use for our vacation cabins who covers the outdoor pool and other potential liabilities.

You can try tearing it down and build micro units or potentially build an ADU/DADU.

We also have specific searches set up that provide us with information on potential leads.

It likely makes sense to pay for them, given the scale of the investment being made and their potential profitability.  

You may be eligible to claim real estate professional status given your involvement as an agent and having rental properties.Yes, you may 'potentially' be hit with a tax burden down the road if you have a property that you sell.

My favorite pick for cash flow and potential upside/appreciation is Detroit.

Every time I check the MLS and see what houses are selling for in Angel Fire, I am shocked.I'd be happy to set up a call if you are interested to know more about my opinions of the area and if you are potentially interested in considering some properties.

Would love to hear more when you get the project up and running, we'd be interested in potentially filling an endcap or doing a FSSTB if there are outlots available, and if the market demographics are there.  

They meet to discuss various educational topics, network, & review deals to potentially invest in.