And many folks write it off completely because of stagnant population.

I'm not typically one to write posts, but wanted to talk about my experience with the Subto mentorship with Pace Morby.

To get some insight into the development process, take a look at this thread I am writing, walking through an actual multi-family development project in SoCal: Life Cycle of a CA MF Development ProjectI am an offer of help, feel free to post questions here or you can send DM. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

@Jami Kloet, thank you so much for taking time to write about your experiences and your next adventures.

From there, form an estimated replacement cost, and write down the estimated remaining life left. 

Say you start a STR and use the loophole to write off 100k from W2 salary. 2 yrs later the rental goes underwater and you have to give it up at huge loss.  

Fees should be clearly stated in writing, easy to understand, and justifiable.

Do we just have escrow write us a check for the 25% of the proceeds after the sale, since that was our primary home portion? 

Be sure to document any changes in writing and have both tenants sign the new agreement.