Alternatively, buying a Midwest property and house-hacking a duplex in Albany gives you two properties but may involve more management complexity.Waiting a year to build more equity while keeping your cash flow intact is the safer option, but you risk missing current opportunities.

., 3+1+1 extension structure).Confirm if the deal involves bridge loans or fixed-rate, long-term agency financing.Assess if the extension options are realistic based on the current and projected market conditions.

Stay informed, adjust your strategies, and make the most of the opportunities ahead.The Palm Beach real estate market is shifting, but with the right approach, it’s full of potential for everyone involved!

I’m passionate about continuously learning and growing in every field I’m involved in.On a personal note, I’m deeply grateful to God, as His grace has carried me through many challenges, and everything I have today is thanks to Him.

Since the BRRRR strategy involves renting, understanding the rental market's dynamics-like rental rates and occupancy rates is equally important.Local regulations, which you’re getting familiar with in your zoning office internship, are also critical.

I have been offered to sign up (fee involved).   

But once we went through the process of this revision to approved action, it triggered HCD to get involved since it’s in their jurisdiction since it’s a “special occupancy park”.

In some cases, these were pretty detailed and involved some significant bookkeeping fixes.

These types of properties typically require less hands-on involvement compared to larger, more complex investments.

Hey Gustavo, The double taxation issue will likely be experienced by someone in your situation without the proper tax professional involved.