Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miami Dade County, FL- 1031 potential replacement property identification deadline: 45 day identification deadline of December 5, 2024.- Seller's residence county: Orange County, FLIRS Notice for reference: FL-2024-10 - Hurricane Milton IRS extensionhttps://www.irs.gov/newsroom/irs-announces-tax-relief-for-victims-of-milton-various-deadlines-postponed-to-may-1-2025-in-all-of-floridaMy Assumptions:A.

Balance Sheet is a snapshot of the company's financial health at a specific point in time.Income Statement is a showing us the health on an operating POV.

@Chad Gardner - this is one of the most common questions we get from potential/future househackers. 

Eventually, I would like to open my potential beyond state lines.

If the owner financing terms are flexible, what would make this potential purchase more favorable on my end?

A lot of potential people will see your add and move on if they can't find things easily as a lot of adds falsely represent the property. 

If you are going to stay local and considering a condo, you really have to look at fixer condos and at least 3 bedrooms for it to have potential.

@Anton TikhomirovPrices and potential (cash flow) returns can be slightly misleading if the investor only looks at these. 

I've heard there can be challenges with inspections and paperwork delays, so I want to get a better sense of what to expect and how to navigate those potential hurdles.

The best thing we have seen work is to simply tell the potential members that Co-living is not for everyone up front.