You need to research the zoning to understand what land use is allowed and at what density you could build, i.e. residential with 4 dwelling units per acre (du/acre).

No structure shall be erected on these lots except one (1) detached single family residentiai dwelling of not more than (2) stories in height, and such other building• necessary and subsidiary to same such as a garage3.

Provided that the landlord has not terminated the rental agreement under Section 5-12-130(a), (b), or (d), or that the dwelling unit has not been deemed abandoned under Section 5-12-130(e) hereof, the following notice requirements shall apply: (1) For any residential tenancy of less than six months, the landlord shall notify the tenant in writing at least 30 days prior to the stated termination date of the rental agreement of the landlord's intent to terminate a periodic tenancy, not renew a fixed-term rental agreement or increase the rental rate.

Great way to save money while also keeping RC coverage on the dwelling and roof.

From a lender and insurance standpoint, this is still treated as a rental until ownership actually transfers.Typically you would carry a landlord (dwelling) policy in your name to cover the structure and your liability, and the tenant would carry renters insurance for their personal property and liability.Even in a lease-to-own setup, most lenders and insurers do not want homeowners insurance in place once the property is tenant-occupied, and the tenant generally should not be insuring the structure.It’s also worth making sure the lease language is clear that ownership has not transferred yet, since that can affect how insurers and lenders view the risk

Will Investor Edge allow us to see a Demo b4 paying the $4000 to get started They will, but the demo is basically a white labeled Prop stream.

Cash flow is diverse and steady.Nightly RV stays long term pads cabins glamping units amenity passes and events create multiple income streams inside one property.

Single-family homes are fine too, but you get only one income stream per property.

As I understand the strategy, you would not have any dwelling exposure as you are renting from the owner long term.

Beside the two other rentals i have providing about $900 in net passive income, as a wholesaler and realtor here in Florida, those are my main income streams.