I take a picture of their driver's license.I ask for phone numbers that accept texts and any alternate land or business phone numbers.I ask for the names and birth dates of anyone under 18, and ask if there are any service / emotional support animals, together with their names and breeds.I also ask for personal references, previous landlord contact info (and length of time there), employer contact info (and how long there, together with earnings), as well as the name and contact information for their manager / boss.

This knowledge is crucial when planning co-living projects.Engage with Local Authorities: Work with city planners and zoning boards to advocate for more inclusive definitions that accommodate co-living arrangements.Monitor Legal Developments: Keep an eye on legal scholarship and policy discussions that may influence zoning reforms favorable to co-living.By staying informed and proactive, real estate investors can navigate the complexities of zoning laws and contribute to the evolution of housing policies that support diverse living arrangements.For a deeper dive into these discussions, you can read the full articles here:Bloomberg: Why Are Zoning Laws Defining What Constitutes a Family?

Write it up to an education, spend some time sharpening your support team (particularly in the trades) and start thinking about how you can do it again!

I could be wrong, but I don't think the economy supports those numbers.

Not a scheme I support either.

Your new ARV(after repair value) should be supported by an adequate amount of comparable sales in the area(duplex's).

It comes down to factors like your area, your market, your experience, the team you can draw from and how mush you need to make to support the investment of time and capital. 

It's also an easy way to keep all supporting documents in one place.

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email support@biggerpockets.com, and someone will help you.

Without waiving any of our contractual rights, Scott we recently emailed you and your support team.