The best advice I can give you for seeking counsel in online forums is learn how to ask specific questions and provide as much detail as you can. 

If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.

If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.

Also a good pm company will provide a P&L every month.

In regards to the lease signed June 3rd 2024.This is a formal notice to vacate.The lease will be over at the end of June 2rd 2025, provided that no more lease violations occur before that.

As a limited partner, you would be able to participate in the project without being involved in the day-to-day operations, while benefiting from the potential profits upon completion.If this sounds like an opportunity you would be interested in, I would love to discuss further and provide additional details on how we can collaborate.Looking forward to connecting soon.

Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Whether it’s an offer to purchase a property, to provide equity capital, or to provide financing, I merely state the price/terms I’m willing to pay.

Hopefully I could even provide some sort of value to this group and most definitely do business with some of you.