The goal is to get in their world, see how they operate deals and follow their formula.

Also because of my passion, and also because flips are really hard to find nowadays that have a good margin of more than 10% profit from the selling price.I started to do some digging in the main market that I am operating at right now and found a nice option that I liked:Find an old house in a good area in the city metro, demolish and build a new one on top of it a medium to high-end home.Why?

It is a long term goal of mine to operate in a Northeast/ Mountain market at some point once I establish my brand more in Texas.

I've seen partnerships thrive with clear operating agreements and a shared vision, but without that, you can hit some bumps.

Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!

The “worst” appraisals I’ve seen (on a consistent basis) as to over valuation are on non operational health care facilities.  

We already operate an Airbnb on our property in NY.Any recommendations? 

Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.

Therefore, the property as a PadSplit is not operating or conforming to highest and best use as an SFR, which is why lenders are currently having trouble financing PadSplits sadly :(

The truth is, if the owner did increase the rents and was operating the property to market conditions, and at the most optimal level, they likely wouldn't be selling the property.