Meaning that if tragedy happened and the unit was unusable, they'd cover market rent.

The last market valuation of this property was ~650k.

If anyone knows of a good market without restrictive zones, please let me know.

I think I have the funds to buy a property but have a few questions and hope someone can point me in the right direction. 1.

When you're fully ready for analysis check out the renter analysis tools and don't be afraid to post questions and ask for help, everyone is really supportive :) A good first step and great lending resource (super important in today's market) might be to check in with my lending guide and bestie of 20+ years @Joseph Chiofalo they lend nationwide and he's very patient with newbies and can help craft a workable plan towards portfolio growth.

Speak to your CPA about this and also ask them about "converting" the funds to after tax funds so you can plan ahead of the conversions. 

I am unable to find out the exact details on if the all the funds are required to be sent at the courthouse steps when the property is bought?

Also, define how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

This property is fully renovated bringing in 20k a year, it's currently under market rent value so the next investor I assign it to can increase the rent, up to market value.

The other side is rented under market value but I’m about to go up on the rent some due to rising costs.