Koevenig does not have ground up construction experience and would not have been able to get financing if he was properly qualified.

Your potential buyers agent should have the proper knowledge or at least a mentor that can help walk you through the contract, their fees, and what is involved in the home buying process. 

The STR item has been a hot topic in Jacksonville proper since 2018 or so.

The key would be to properly line up a plan (Scope of work, contractor, exit numbers)!

Sometimes, I see people add bedrooms when it doesn't make sense.It's often not as simple as just putting up a wall because you need lights, outlets, and proper ventilation.

Both strategies have risks, but with syndication my feel is that there's much more opportunity to diversify your money and optimize for taxes. 1031s, for example, are possible with syndications if structured properly.

On the bourbon front, love Pappy neat, but also love Angel's Envy Rye in a proper Sazerac with absinthe.  

Make sure you have proper signage up in the parking lot.

If you are doing electrical work without proper licensing (even if you have the skills) and without permitting, you are putting your house at risk and your insurance.

@Justin Eaton is usually coordinating them and we do it once a month or so in Cherry Hill.