PM me and I can send you my template for this.Before I started handling these myself, I used: George Gibbs who's based in Charlotte but works state wide from what I understand.

I'm trying to understand if some of the issues I'm experiencing on this topic of vacancy are normal and that's hard to gauge without conversations with other landlords.

@Steve Schaeffer  Since you've previously engaged in 1031 exchanges, it's important to understand the implications of transitioning from a DST to an UPREIT.

Once you get a basic understanding of the concepts, make sure you have a team who can support you and then hit the phones! 

@Eva Salas, I don't understand why you would put your property manager on your insurance policy as an additional insured.

They can do a quick feasibility analysis to help you understand a very basic scope of work, but when you need more a detailed report, they will do a WWU/SOR that can be used for your 203k loan, and this WWU/SOR will also include a cost estimate that can be used to help gauge contractor's bids.And thank goodness that the Standard 203k requires a contingency reserve to be automatically included with your 203k loan (10%-20%), but the Limited 203k does not.

Also, a tip for Detroit investing: understand that Detroit is very much a block-by-block city when looking at a good vs bad investment.

I am looking into purchasing a STR/vacation property as another rental income business line to diversify and need to understand the underwriting.

Whether you’re meeting a potential client or an existing partner, it’s essential to understand their needs and concerns.This can mean taking the time to understand what each property owner is truly looking for.

Are there any questions you'd suggest asking to better understand this loan structure and its potential limitations?