I know 5 will not work as they don’t have the feature to defer capital gains that are invested in opportunity zone, so I will have to somehow manually record that in 8949 and transfer to Schedule D.After this is over, I will apply for a CPA license - I am now wondering if it is as easy as getting a license for property manger or real estate agent 😉

Adjust what has been pertinent in multifamily and what has been pertinent in SFR to a better product.What is the difference between a value-add and opportunistic fund?

Once you are confident that you are marketed properly you will have to adjust the price until you get a tenant.

Puyallup is notorious for being in the Mt.Rainer lahar zone and with insurance companies adjusting their models for climate risk i wouldn't put it past them jack up premiums in the area.

Maybe you can adjust that model as you see fit...get rid of receptionist. 

I think that can improve your perception of how much water/pressure you're getting, since it can be adjusted for different preferences.

This gives us an opportunity to adjust the rental fee based on area demand.

Zillow does have a Price my Rental Tool that allows you to manually review rental comps in the area, and I highly recommend it when setting prices.

Stay informed about market trends, property management best practices, and adjust your strategies as needed.

For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.