Get a roll away dumpster too- the amount of packaging waste the setup generates is staggering!

I would contact an attorney to get the ball rolling and see what's next

Keeping clean records from day one really helps when tax season rolls around.

With STRs provided he passes "material participation" test and some other restrictionsB.

Hi @Arthur Tolentino Congrats on getting things rolling. 

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

My timeline so far has been:End of Oct 2022 - Permits ApprovedJan 2023 - Lot ScrapedMarch 2023 - Fill dirt brought onto lot, compaction tests in progress. 

For many, it allows people to test the waters to see if they enjoy being a landlord. 

They should also be subject to federal stress testing.- Mortgage Rates and Government Support: If Fannie Mae and Freddie Mac were to operate without explicit government support, mortgage rates might increase due to higher perceived risk.

I invested to test out the process in the short term, as it was supposed to "mature" and be paid off in March 2024, and here we are in December.