Hey Roque, To safeguard your interests effectively, I recommend consulting with a lawyer to draft one for you.

Simple yet effective. 

My understanding is if you inherit a property you get a step up in cost basis. 

There are a couple of builders selling new construction for under $300k. with 20% down and closing costs you could have a brand new HOME.Best of luck

What else would you do to mitigate the risk of environmental contamination that would cost more than the land is worth.Note that I am not concerned about minor contaminations that can be fixed for under $25,000.

Quote from @Christie Gahan: G.Brian Davis:  How do you handle funds that due a cost seg study? 

This is not a good move on the banks part, but they tend to delay any costs as long as they can. 

I read that companies offering a checkbook IRA LLC set up package cost more than that set up by an(my) attorney or CPA. 

Think diversified income, ability to market effectively, no risk of OTA algorithm changes that have negative impacts, etc 

But given our high cost city and sky rocketing interest rates, early and simple analysis of any property has so far resulted in negative cash flow.