This if for NJ, do we know what timelines we are looking in terms for payments from the state ?

This is the slowest Memorial Day weekend, in terms of occupancy, that we have experienced in 19 years of business.

@Karim WahbaSetting up a fund vs syndication for flipping homes comes down to scale and structure.Syndication: Typically involves a single asset, which can be stupidly expensive in terms of cost/time for just one flip unless it's a high-value property.

Has anyone seen any articles on this in terms of whether this is the beginning of a real estate market downturn or just a normal downturn due to it being a little more of the off season?

How will this affect myself and my siblin regarding the IRS in terms of gift of equity, etc.I have spoke with a couple lenders that really can't think outside the box, and don't know how to answer these questions.

In terms of long-term investment, you'd be looking pretty good.I wish you the best!

@Brian Plajer In the past year my accountant has recommended I get more help in terms of bookkeeping and financial advice.

In terms of your tenants, don't focus too much on finding out who they are.

In terms of areas, I would look west towards Bellevue, Pegram, Dickson.

DSCR doesn't offer any liability or anonymity protection, other than the fact the loan note itself is a form of asset protection (because there is usually little to none equity in the property to take from the owner).Here are some graphical helpers to assist in the quest of answers on this subject:Asset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for complete asset protection OR the domains that need to be intersected to find asset protection