(This may have changed in subsequent funds, so check with PPR.) 

Regarding all of that work, is there anything you think could be automated that would either free up your time to close on deals faster or help you profit more on a deal?

For example, you could create a weighted structure where a percentage of profits is based on cash contributions, and another portion compensates for rehab or management efforts.Rent Payments and Tax-Free Profits:If you structure it as an owner-occupied property, the rent you pay could be shared proportionally, but tax-free gains on resale may only apply to your share, as you’d be the owner-occupant.

Feel free to message me if you'd like.

There are some very aggressive investors that refi into interest only products to free up even more cash in the short term - this can be much more risky though, so not recommended if you are not very experienced and have large reserves.

I'd keep checking back on the OTLA website here: https://dhcd.maryland.gov/Tenant-Landlord-Affairs/Pages/defa...

New construction properties can qualify for significant insurance discounts, but otherwise, I generally expect insurance in this area to run a little over 1% of the property’s value if it’s in decent condition.Feel free to DM me if you’d like a good insurance contact to shop around for a better rate.

Don't just find out how it's all licensed and check on any historical issues with it, no you want to meet with local board members, find out how they really feel about the place and what the cities wants and plans are for the place.

Please feel free to reach out.

If you're ever in need of a PM in Palm Beach feel free to reach out!