As others have indicated, it is typically the state licensing/compliance that becomes the focus in buying notes/CFDs. 

If you have amazing dirt but paid a crazy price to get it then if tenant ever goes dark the upside tends to be minimal but the risk is high.

Quote from @Nathan Gesner: There are approximately 2.5 million vacation homes in America.While technically correct, I think it is important to point out that many of those vacation homes are in rural areas where there is minimal work opportunities.

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.

Bank - used another property with equity to minimize my down payment to $5,000.00 How did you add value to the deal?

On the other hand, a 24-year history with an 18% net IRR that includes some losses may indicate a more seasoned sponsor who has navigated multiple market cycles and learned valuable lessons along the way.Regarding internally managed operations, like property management (PM) and construction management, scale plays a crucial role.

Excel works fine for tracking expenses with minimal units.

I bought in downtown Rosarito in the condo complexes as i felt it would be better than buying a home since we dont live and minimal maintenance. 

However, 80% of tenants in a recent CBRE survey expect to increase their spatial requirements over the next three years, indicating a shift towards in-person work and future growth.While new demand remains slow, these lease renewals are a positive sign, laying a stable foundation for the office market's recovery.

Rent rates continue to appreciate strongly, with a consistent 7% market (3% in some sub markets, 10%+ in others) appreciation over the past few years. interest rates have  decreased in the last few months, and with the latest bunk job report correction and current trends indicated from the feds regarding 'inflation,' we are being prepared to expect more mortgage rate decreases.