You might also consult a lawyer to see your legal options, for use of the property and what kind of signage you should post.

This won't allow you to access much (roughly $30-45K depending on lender, I use CUTX) but it's still good to have that option available if a great deal comes up. 

If not, you would need to structure a creative deal by purchasing subject to the existing mortgage.And if taking over the mortgage is not worthwhile due to the condition of the property, your last option would be a short sale.Before structuring a creative deal, make sure you are guided by someone who has done it before.

And while there IS free training sessions at KW, a lot of the good stuff costs money and is why their business model is so successful.Good luck with whatever you decide and I hope my points gave you some more to think about and to look into more options than simply those two.

Implement sustainable practices, such as Leave No Trace principles, to minimize your ecological footprint and preserve the natural beauty of the area.By carefully considering these factors and doing thorough research, you can determine whether renting out camping areas on your land is a viable option and how to proceed effectively.

If you're interested in starting in real estate, then house hacking is a great option in my opinion.

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

I’m sure a lot of you know the market is booming here and it has been difficult to decide which route I should take that would make financial sense and put me in a good spot to build my portfolio moving forward.Here are the current options I’m considering: • Option 1 House Hack: Purchase a multi-family, live in one and rent out the others.

However, if you have a distressed home, physically or financially, then they may be your best option for a quick close besides a flipper like me.Good Investing...

You can use it as a general guide, but the single best way to understand fair rent is by physically mystery shopping your competition.We typically get higher rents than average and consistently more than rentometer or Zillow would suggest, but we are also offering a nicer product.