They moved in and within 24 hours sent the following letter (names have been changed): "Hi Dawn and Brian,Sindy and I are frustrated, disappointed, and really struggling with the idea of moving forward with the move into your home.We realize this is the first time you have rented a property to someone, and may not be aware of the responsibilities that landlords have, and want to inform you that there are habitability issues with the home that are quite literally against the law, pursuant to Colorado’s Warranty of Habitability Law, CRS §§ 38-12-501 et seq.

(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)? 

You can find out nightly rates, occupancy and amenities.

I've seen many investors get burned because they failed to understand their hard money loan terms/rates, even if they did acquire what should have been a home run deal. 

@Iris Olivas Most local banks/credit unions can do this deal with lower fees and potentially rates than brokers.

Best Websites to Analyze Markets for Cash FlowBiggerPockets Rent Estimator – Rent projectionsRoofstock – Market insights and turnkey optionsZillow, Redfin – Home prices & trendsRentometer – Rent comparisonsNeighborhoodScout, City-Data – Crime rates, job growth, demographicsLook for affordable home prices, population/job growth, low taxes, landlord-friendly laws, and strong rent-to-price ratios (aim for 0.8%-1%).3.

Since fix-and-flip income is classified as active income, taxed at ordinary rates, this setup helps minimize overall tax liability.To protect both members, draft a detailed operating agreement outlining roles, ownership percentages, profit-sharing, and an exit strategy in case the business dissolves.

What’s your success rate with mentees?

Hi Even,I don't know about DPA and Grants but I do have a great program with only 3 precent down and low interest rate.

Lucy: your story shows that setting up a loan is more than just interest rate and other terms.