Determining whether the venture falls under a service or rental business hinges on the provision of substantial services; for instance, if a bed and breakfast service is offered, it must be reported on Schedule C, triggering a 15.3% self-employment tax.Moreover, personal use plays a crucial role in the classification of the property.

Once you've shortlisted potential properties, research local zoning regulations and schedule physical viewings to confirm modification potential and overall condition, considering bringing along a contractor for a preliminary assessment of conversion feasibility.

I also try to be really clear with the MTR tenants I have how things are going to operate during their stay so there is no confusion when they are staying.This includes describing if there will be mid stay cleans, mid stay restocks, payment schedule, etc.

Get an attorney familiar w/ working these issues. is there some schedule somewhere where I can look up when the property is actually scheduled to be demoed?

C: Savvy sellers will figure out that it benefits them to offer comp to buyers agents (their property will have a better chance of selling for more this way, and less chance of falling out of contract due to the buyer flaking on them), and their willingness to pay a buyer's agent a certain amount will be communicated in some way to the public (on brokerages websites along with the listing info, in private "broker's notes", in the showing scheduling app along with the text confirming the showing, inside the listing itself on brochures or feature cards, in advertising, etc.).

Just send me a message and we can get a call scheduled from there!

Don't beat them up, pay them well, on the schedule you agree upon.

Hard Money will fund 90% of the purchase price and 100% of the rehab on a draw schedule.

If you would like to schedule a call with me I can help you get qualified for the exact amount you can afford, reviewing all of your numbers. 

@Ivonne Pinedo are there any more meetups scheduled?