My overarching objective is to accumulate sufficient capital, with the ultimate aim of engaging in buy-and-hold strategies.

If your objective is to guard against increased premiums, I would advise not to file the $600 claim.

There are other ways to collect addresses but you have to consider your time, objective, goal and budget.

@Andrew McElroy That's going to depend on your objectives and criteria.

Meet a handful until you find one that aligns with your objectives and sounds prepared to help you accomplish your goals.

My objection to the LOC is the interest rate for using OPM will always be prime+ If you go the LOC route, then be sure to track the interest fees over time and add those to your expense accounting.

A friend of mine who is a full time wholesaler always told me that the objective should always be to find their (the sellers) paint point.

As I dive further into my new career I expect to define a clear objective as you have.

I'd have no big objections to distributing this further cashflow to the ownership group, although I'd still rather reinvest most or all of it into more land, perhaps starting to buy commercial Receiving land that will need TDR credits, while it's still relatively cheap.

No matter what, you should thoroughly discuss your objectives with your attorney for a better game plan of how this should be structured.