I will say that the borrower has a better chance to negotiate on the fees, interest and when they are to be paid with a private individual lender as opposed to a hard money style lender (that has more overhead).

We have discussed selling the individual cabins and managing the rentals.

For potential partners, focus on individuals with cash looking for returns, inflows, and tax benefits.

Another guy owned about 15 units and the rest were owned by individuals.)

The other three properties will not be considered by the segment.So, focus on selecting a tenant segment with a high concentration of reliable individuals and purchase properties that meet their housing requirements.How to Identify a Tenant SegmentThe process for identifying the segment for income reliability is straightforward.

I am a diy person but I realize that this is gonna take some help from a community of like minded individuals.

I know probably several hundred co-brokes and I have worked with many as an investor before I got licensed and started a team.A combination of several reasons: Real estate agents are in an industry that is easy entry and it rewards networking much more than actual skills (let that one sink in), because consumers don't know how to vet agents and it becomes mostly about trust - so you work with your friend's cousin, because he said she's great.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Who will be in charge of the rehab, you or a GC or individual subcontractors?

(Note: These are non-negotiable requirements) Other Incentive ProgramsSmall Business Improvement Fund: Best thought of as a storefront/small business rehabilitation program, this small grant program ($150,000 for commercial properties and $250,000 for industrial properties) is targeted for smaller renovation projects and can cover anywhere from 30-90% of the cost of remodeling a storefront facade, roof replacement, major systems replacements (HVAC, plumbing, electrical, etc.) or an individual interior space build-out within a larger building to get it tenant ready.