Comparing the pros and cons of purchasing the 2 home types is not my aim here.In Scope: The change in the sales price of new construction homes from when they were first sold after construction to when they were sold subsequently versus the change in sales price for existing homes over the same period.

Therefore, in many cases, you will be able to subsequently depreciate anything that adds to your basis once you convert the property, though immediately deductible expenses will not be available until you convert the property.Hopefully this was helpful.

With Royal Legal, Scott is great but the initial numbers and what was subsequently quoted were quite different, and I have some concerns on the series llcs, even though they have matured a lot.

I just let it slide and move on.

They admitted it was after a drunk driving incident, which at the time was a major red flag but I let it slide. 

If you wouldn't accept the same application for a new resident, would you "let it slide" with this resident? 

Knowing everything about your business, and subsequently managing all people involved, unfortunately, always rests on our shoulders.

I think the market is great for low price point and subsequent cash flow.

You want to be the person that is still sending letters when they are ready to finally sell.I have found that probates are no different than any other strategy in that you wll get 85% of you DEALS after the 4th and subsequent mailings.

I've been using Google Sheets/Docs/Slides/Forms etc.