Additionally, TurboTax won’t be able to handle the more advanced calculations you’re trying to perform.

This is the first calculation we perform when presented with a loan request and tells us whether the deal is worth pursuing.The 70% rule of thumb assumes the property is a flip, that there will be a hard money loan, and an agent commission paid upon sale.

Buying in an HOA especially at that price point that will prove to be a good performing asset will be very difficult.I curate a weekly list of the best performing STR properties in the Tampa Bay area - DM me if you would like me to add you to the list.  

You take the "free" proceeds from the worst-performing properties or ones in need to the most work and invest them into better properties.

My question is - how do I prove in the time log that I performed a particular activity?   

I.e. the value-add player that has moved to more core deals, or heavier performance alignments shifting overtime to more fee heavy structures.

For $250 minimums, and only $9mm of GAV, probably not really too much concern.If their platform starts growing exponentially, I would be concerned about their focus to make sure you investments continue performing when they are likely to be very distracted by SEC investigators.  

Once you start thinking about how properties will perform in year 5 or 6, you can start thinking of your initial financing as more of a bridge to secure the asset, which allows you keep growing. 

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

IE monthly payments or interest accrued and paid at closing etc.So what I hear from you is you have a note.. but maybe NO security IE DT or mort. and its not performing at all.