I am a Veteran with DD214s. 816 and 813 scores.Can VA construction loans be used for Container Home Properties?

There are a few investors from Martinsville that attend the Greensboro Pints & Properties REI meetup.

Property Details: Property Type: 6-Unit Apartment Building Building Area: 4,500 square feet Lot Size: 3,050 square feet Depreciable Basis: $1,000,000 Placed in Service: July 2021 Results from Cost Segregation Study: The study identified various components within the property that qualified for accelerated depreciation, leading to substantial deductions in the first year.

The property already came furnished, but we had to replace most of the furniture because it was very cheaply done, Plus, it had no theme and we really wanted to make it a special themed airbnb.

We purchased the property for $52,000 on 06/14/2024 and sold it for $74,900 the same day.

I think it would be wise to consider starting a new non-broker MD business and keep it separate from your FL Broker Business.Make it clear that you're not licensed in MD and cite the exception for property management in all documents.Get County specific MD lease agreements and property management agreements.Find an experienced MD attorney if you need any additional help

How do you evaluate a property?

I would love hear from other investors who see the potential in some of these properties to turn into great investments!

In the last 2 months I've had to start the eviction process on one of my S8 tenants.

I'm assuming you are talking about renting out the rooms in a SFH vs buying and living in a small multi-family.