Start with an STR-experienced CPA who can assess your tax situation and recommend a firm if needed.

If the remedy was designed by a qualified professional, the work carried out be an experienced contractor, the work was permitted and inspected by the town, then the value reduction would be zero.

On the other hand if they are a sponsor that is experienced in stopping a skin in the game, that's a huge red flag for me.c) how open to scrutiny are they?

It's like the real estate (cute bungalow) and opportunity for growth doesn't matter.Has anyone else experienced this? 

Hi BP community,I am fairly new to syndications and would love someone seasoned and experienced in syndication world to sit down with me and go over the numbers.

We would like to have more input from more experienced investors on the validity of this idea / any gaps we might be missing.We currently own a remodeling company.

The home buying process typically follows these key steps:Assess Your Finances: Review your credit score, savings, and determine how much you can afford for a down payment and monthly mortgage payments.Get Pre-Approved for a Loan: Work with a lender to get pre-approved, which gives you a clear budget and shows sellers you’re a serious buyer.Find a Real Estate Agent: Partner with an experienced agent who knows the local market and can guide you through the process.Search for Homes: Browse listings and visit properties that fit your criteria (location, size, price, etc.).Make an Offer: When you find a home you like, submit an offer through your agent, including contingencies (financing, inspections, etc.).Home Inspection & Appraisal: Once the offer is accepted, hire an inspector to ensure the home’s condition and the lender will order an appraisal to verify the property’s value.Secure Financing: Finalize your mortgage by submitting required documents and ensuring the lender clears you for closing.Closing: Sign the final paperwork, pay closing costs, and receive the keys to your new home!

My in-depth knowledge of the DFW market allows me to provide clients with access to off-market opportunities and tailor financing options that meet the unique needs of both new and experienced investors.

**Preparing for Future Opportunities**We’ve experienced a period of free-market dynamics with easy access to capital since 2001, but economic cycles inevitably shift.

And while you may be experiencing worse than average issues here, if you can stem the tide for the time being financial you will come out of the other side learning a lot and you will be ok.