Quote from @Devin James: @Jay Hinrichs Developments are definitely BIG money makers, but thats also reflected with the risk associated.That's why these projects take so much time and capital, but if you make the right judgements for project selection, and do all your due diligence, it'll turn out well. my 90 home project in Oregon  started it as dirt before covid .. got 1st phase built then covid hit.. had to fight through lumber sky rocketing and other material shortages and the of course interest rate spikes.. but the project ( and I give credit to my Wife and my GC's attention to detail) has sold Very well for record prices and profits .. its de risked now 22 lots left 13 are presold with big non refundable deposits and only 9 lots left that have no debt..

There are quite a few syndicators who have been around longer than five years and have excellent track records.

Chris saw the post Thursday night, had no record of me as a buyer with REI (my mistake, long story) and went to work. 

But we do have a track record of success in the area and a unit that is completely remodeled and modern.

It wasn't worth having a claim on our insurance record, and the deductible was not close.  

Instead, have your family record a private note on your existing property.

**Easy Reconciliation**: Quickly reconcile your bank and credit card statements with your QuickBooks records.

.- I will have them provide a copy of their tenants insurance for my records. - Will provide receipt for first and last months rent.- Im thinking of not charging security deposit because of all the strict MA laws and just using the last months rent as a sort of security deposit, thoughts?

I keep good records and have clean books.

Maybe I will record this tomorrow on a walk as well so I can feel like a guru.