Lastly, if the home has appreciated at all, taking advantage of Section 121 and taking capital gain exclusions is just another strong point towards selling within the 5 years if you've lived there for at least 2 years. 

The only thing I can think of is that bookings (these were STR projects) haven't been as strong as the group anticipated.

Does anyone have strong views on whether on rental properties ALL the interest from a cash-out refinance can be tax deductible (even if the cash is invested to buy or fix up another property), orOnly up to the original loan amount, orSomething else.Currently assuming 1) but not at all certain...

@Jacob Beg Do you have a strong construction background?

In today's market, rising interest rates and economic uncertainty might favor holding properties for stable cash flow, while flips could be riskier if buyer demand softens.For many, a hybrid approach works→ flipping in strong markets and holding rentals for long-term stability.

You can also request the average property tax increases over the last 5 years to get an idea, but that’s not always a strong indication of future increases.

A strong local team is key.

That being said, when they launch their next fund, they are strongly considering a 506(c) offering.https://lastmileinvestments.com/While this is not a list of people I have invested with, I will say a lot of 506(b) operators hide in plain site:- Podcast hosts and guests (talking about what they have done past tense, not current offerings)- The gurus often also syndicate deals- Rise48, per their website, has primarily (if not exclusively) 506(b) offeringsThe thing is, depending on how conservative the compliance attorney is, you can have 506(b) operators advertising like there is no tomorrow.  

We have strong tenant pools so almost never have significant damages anyways (I never have on north side).

This transaction demonstrated our expertise in quick flips and effective marketing, yielding a strong profit for our partner.