Marketing Shift: I’ve noticed that Martel has altered his marketing strategy, moving away from advertising a guaranteed profit on the first deal to a guarantee of helping you buy your first property.

Not to code means you altered it without permit.

And verbatim from the Fannie Mae guide: For the purchase of newly constructed properties, if the borrower has a relationship or business affiliation (any ownership interest, or employment) with the builder...And that is the precise literal translation to what a non-arms length transaction would be.

@Jasmine Williams in theory this sounds great but in reality 500k equity after paying closing costs and taxes would be around 250k cash in hand, so the 6% CoC you are getting would translate to 1.25k monthly cash flow.

Inflation, for instance, can raise property prices, but this doesn't necessarily translate into a real increase in value when adjusted for the cost of living.Demand can also drive appreciation, but there are factors that could cause demand to decrease.

For every horror story there is translations that go smoothly.

I am considering $300 night rate with 60% occupancy which translates to $65k revenue per year from each A-frameAfter considering expenses $50k for each A-frame or $100k for 2 frames.I have some questions about this strategy:Did you try to get STR permit/construction permits in this area?

Can we translate that into some excitement?

When asked about who had access to my database, often times they said anyone on their support team could access OR alter the data.

What this translates to is - expect to make mistakes, and for your budget to get mangled the first time or two you do a flip.