You do your best to purchase wisely, execute a pre-meditated and well researched strategy, and let the compounding effect of time take over. 10 years from now, the purchase price being 5% above or below current market value won't matter.

Also at closing: You should provide proof that the lender is named as such on a valid hazard insurance policy effective at least on the day of closing.Regarding the closing to sell or refi, yes, your lender will just need to provide a payoff letter with wiring instructions to the closing agent.

They place a pail under the sink to catch the drips and often they forget to remove the pail when they move and, in some cases, forget to empty it.

For those who have ventured into Co-Living, what strategies have you found most effective in ensuring both financial success and a strong sense of community?

It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

The key is marketing on a wide distribution of channels to get a billboard effect and attract those mid term renters.  

Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

For larger properties, some of our clients run another cost segregation study at the time of sale.2) Partial Dispositions - Taxpayers can carve out and dispose of components removed or demolished from a building.

But the inspection went fine, in and out b/c i removed the stove and applainces.