Although I have a hard time believing his proposal would include investors.  

Then more issues started to pop up over time. 

Write it up to an education, spend some time sharpening your support team (particularly in the trades) and start thinking about how you can do it again!

Hi Seth, I've done BRRRRs a few times with various amounts of success.

@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

I’ve been in this business a long time, and I know firsthand how overwhelming that first deal can feel—especially when it comes to financing.

I only need her part time so if someone wanted to split her I'm interested in that. 

At that time, there were public records showing missed payments and multiple distressed properties, not to mention the overall struggles of the student housing market.Even the underlying investment showed major red flags in the PPM which she never disclosed or mentioned to me.

When I go to events like this, I do go to some of the sessions, but most of my time is just sitting in the lobby chatting with people. 

., so you can't get financing on a condotel most of the time.