In the case of a family, it always has issues involved.

@Chris SeveneyWe put tenants into collections without a judgement or involving an attorney.

Cohosting I have never done - it seems like a term that can mean many things to many people.Generally speaking I see in 2024 arbitrage is for people who want to be involved without actually investing, and cohosting for people who want to be involved but do not want to a PM...

This could lead to significant tax savings, especially if you're actively involved in the management and operations of your properties.Additionally, starting a property management company would allow you to deduct a wide range of business expenses related to managing your properties, such as office supplies, travel, marketing, and payroll (if you hire help).

They will typically request an architect's letter that confirms that the project is as of right and requires no variance, which tends to be the case.

Before I looked at the deal, here's what I asked from him:The purchase and sale agreementRehab breakdown documentation2 HUD statements of previous dealsDeal info (Property profile, funding, security, repayment plan, etc.)Title company involved in the transactionWhat I also asked for was a term sheet from the hard money lender that was lending at first position.

Atlanta area "pastors" involved in real estate... that's a whole different story in ethics.

First, are you sure its a zoning variance you need and not merely a use permit? 

House hacking involves specific tax strategies like depreciation, expense allocation, and potential rental income reporting, especially since you’re in a different state from the property.You cannot just claim the house.

Unfortunately, the perceived excessive costs involved in purchasing real estate can intimidate aspiring residential real estate investors.