EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Based on how you described the proposal, your potential partner will be the investor and cover all cash considerations and you would serve as the boots on the ground/sweat equity.

@axeIf the attorney who reviewed your insurance policy is, at a minimum, very knowledgeable about new construction and the potential problems that can be associated with it, it sounds like you're covered.

Hi BiggerPockets Community,I'm actively working on structuring a few real estate deals and am in the process of revising my old funding packets for potential lenders, encompassing both conventional and private sources.

-rent out your condo and find a new property in SD and house hack it (potentially difficult / burdensome)-BRRRR (very difficult - big initial outlay of cash and then you have to really nail it to get all your capital back)-BRRRR an STR (probably really difficult)-seller finance (very difficult to find a seller finance deal)but, i still think that buying a random property in the midwest and getting crushed with capex is difficult too

You can highlight the potential of the property and the value of the land in your listing to attract interested buyers.Remove the mobile homes before selling: This can be costly, but it will make the property more appealing to a wider range of buyers and potentially increase your asking price.

A salesperson working under a broker may engage in such activities.

Did a walk through today on a potential rental purchase of a patio home and while walking the back yard of this 2/2 there were 2 small dogs barking through the fence next door.

So that could be a powerful tool6) Consider the future potential of condos in the duplexes...not sure of the way your market works, but the world is kinda going that way.

They will be able to help you better understand the area, and potential issues you may have with the property.