While fire safety is undoubtedly important, a mandatory sprinkler requirement may have the opposite effect—discouraging necessary renovations and inadvertently making these buildings less safe.No one disputes that sprinklers can help save lives in the event of a fire.

I was new to the SFR investment world, and it was important to me to work with company with good reputation that can act quickly.

The most important thing is research.

There's 1 important factor you need to take into account, how long will you be holding onto the heloc?

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Quote from @Stacy Raskin: When doing a cash out refinance, it's important to consider seasoning periods of the waiting period you have to have between when the old transaction closed on the hard money loan to the new cash out transaction closing.

In addition, trade policies have introduced new cost pressures, with a 10% tariff on Chinese imports raising prices on certain goods, though tariffs on Canadian and Mexican imports remain suspended until March.

As the state navigates these changes, it will be crucial to monitor the impact on both homeowners and the overall real estate market.Citations:[1] https://reason.org/voters-guide/georgia-amendment-1-would-create-a-local-homestead-property-tax-exemption/[2] https://fultondems.org/guides/2024-proposed-amendment-guide/[3] https://www.fox5atlanta.com/news/what-exactly-is-georgia-amendment-1-important-property-tax-question-ballot[4] https://taxfoundation.org/blog/georgia-property-tax-exemption-amendment-1/[5] https://apnews.com/article/georgia-election-property-taxes-amendment-1cc7a1bc2af404efbe6771aaf1819c7f[6] https://www.wabe.org/the-three-measures-on-georgias-ballot-and-what-they-mean/[7] https://www.georgiapolicy.org/news/the-implications-of-amendment-1/[8] https://www.georgiapolicy.org/news/would-amendment-1-bring-property-tax-relief/

Also, important to confirm they will be warrantable condos for end buyers otherwise it will be very difficult for end buyers to secure financing and thus purchase the units. 

Another aspect that's important is to communicate to your relinquishing property buyer (Boston condo) that you're going be doing a 1031X and that they can offer you flexible closing time.