Worst case: send a physical letterA simple letter to the tax mailing address saying “interested in purchasing the property” can flush out the heir or the representative.A lot of probate folks won’t answer unknown calls, but they’ll respond to a letter.Probate deals take patience, but they’re usually worth the effort because most investors avoid them.

I invest and work here (think Destin, 30A, Panama City Beach), and while it’s still competitive, the barrier to entry is a lot more manageable than Hawaii.

Self storage has very little deterioration of the physical asset, so no devaluation is assumed.The good thing about the above is they are the Current day NPV equity. 

Higher Barrier to Entry:Although the price per door can be favorable, the total property price is typically higher.

If anything the shared appreciation program seems more of a benefit for a lower payment and lower barrier to entry. 

Fire ratings, STC ratings, sprinkler systems, air barrier testing, and costlier mechanical systems—much of it driven by regulatory changes—are all at all-time highs.

@Eric Stoner for the CPA, I'd recommend just getting a really good REI-savvy CPA who is familiar with NY state laws but may not be physically located in NY rather than restricting yourself to finding a local CPA.

Your daughter’s hours don’t count, but the hours you and your spouse physically worked do.

Physical evidence shows that the fire started there, grew to reach the eaves, spread across the attic… add two fire hoses…The cord, the camera, the firewood, and the fire pit all belonged to the tenant - the one who probably didn’t think you’d ever read the FD report.

The main challenges are staying compliant with two sets of laws and managing your time between markets.Many dual-licensed agents rely on a strong local team or referral partners in the state they are not physically present in.