You will likely need to sit on the unit for a long time or reduce initial rent below the market for that unit to rent during the Winter. account for this by either offering a Winter special that will increase to market in the Spring or doing a short lease that ends in the Summer.

Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.

Account for property management costs if you’re not managing it yourself and compare financing options.Tools like Rentometer (rental rates), BiggerPockets Calculator (cash flow analysis), CoStar/LoopNet (market data), and PropStream (property details) can help you evaluate deals effectively.

When my contractor went without me they kept him waiting over 2 hours then told him something completely inaccurate and they take no accountability for how they can literally destroy peoples lives and finances.

You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

If QuickBooks isn't accounting for these 2023 costs, it may overestimate your tax liability.

So, my budget then would have to take into account the rent i wont be receiving and i'll be paying the mortgate and expenses out of pocket. 

Does closing my account cancel my subscription?

And when it comes to your due diligence, how do you ensure you’re accounting for unpredictable rehab costs or market shifts?

I don’t know of any other opportunity where you can net $10-20K (in some cases even higher) per month on a single residential property.There’s usually plenty of room to bring investors in and everyone involved still win, even in todays higher interest rate environment.Financially, residential assisted living is usually a more cost effective option for families than alternatives.