🏡 2024 by the numbers….👀2024 was only slightly better (by 100 closings) than 2023.Either way, this year and last year were the lowest homes sold since 2012 in Denver metro.

Not one lawsuit, the guests are respectful of the place and it's easy to repeat the formula in multiple real estate markets across the country.

The broker/LO misses something that gets caught late in the process and blows the loan up.

since as part of the project you are going to need an architect and civil engineer, I recommend starting with them and ask them who they have worked with for zoning.

Tenant moved in the first week of December and there's been an excess of communication from the owners for somewhat minor issues or concerns.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.

File a complaint against them with the state licensing agency 

I'll jump on board with the others. 

They offer renters a unique option that feels like home but without the long-term commitment.A developer friend of mine in San Diego recently completed a BTR project on a former industrial site.

Study the market.

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.