If you have a more extensive full gut rehab you need drawings depicting the work to be performed and material specifications.

Quote from @Michael Lynch: People rarely talk about the amount of effort involved in operating a STR.Never sell a property unless you have a clear plan to reinvest the money into something that will perform better or move you closer to your goals.

San Diego has historically out performed virtually all other markets.

Curious how that’s been performing?

Additionally, they may include a carried interest or promote structure on the back end, which serves as an incentive or commission if they exceed performance expectations.Limited partners (LPs), on the other hand, simply invest capital and remain on the sidelines.

In this case, we got to keep a great resident, give her zero rent increase, and also improve the financial performance of the property.

A 30-35% ROI over 4 months sounds appealing, but it's important to make sure it's realistic and sustainable based on the rental’s performance.

Memphis properties are my best (cash-flow) performing properties.

Many syndications will have special days or events for investors to visit the property to see how things are running, see improvements, ask questions, etc.I invested in a syndication last year and have been invited to several events already, plus they give regular updates on improvements and performance.

When our affiliates are using the company for business cards, door knocking, managing leads, performing acquisition, or disposition with our company does the LLC provide them protection?