Or figure out how projects are developed and get one "most of the way" (land leased, site planned, permitted, power purchase agreement signed) and then sell the deal to a big developer.My perspective: My W2 for the last 8 years is environmental and development consulting for oil & gas, renewables generation, transmission, and commercial RE development.

They charge for their consultations.

You may be able to deduct interest paid on the loan but to make this determination, please consult a qualified income tax specialist. 

To navigate these challenges, condo associations need to be proactive in exploring their options and seeking legal counsel to ensure compliance and financial stability, and condo owners need to consult experienced agents on what to do, whether they're looking to buy or sell. 

If they are not good tenants, the lease does not get renewed.When we determine the general direction for the year we look at:- inflation (US)- hourly wage growth (US)- market rent growth (in my case Milwaukee)We also monitor the market and our competition, we get feedback with every turnover and see what fair market value is.

Like @Carlos Valencia mentioned, its good to consult with your lender to see what else is needed prior to reaching clear to close or CTC on your file.

This will depend upon state and local laws, I would definitely consult a RE attorney with HOA and/or STR experience. 

You’re on the right track, but make sure to consult with your CPA to confirm your plan aligns with your situation.

Consider the potential for increased property value and rental income against the additional management responsibilities and possible tax implications.Remember to consult with local authorities and possibly a real estate attorney to ensure full compliance with all regulations in your specific area.Let me know if you need funding for the rehab.Regards,Jackson

Be attentive to damp ceilings or walls, which could indicate plumbing failures.Structural issues are critical to monitor.