For the modifications, cities generally focus on safety and code compliance, but since you're considering structural changes like wall removal and garage conversions, obtaining permits is key.

I have clients in KCMO that buy distressed properties and generally don't have issues, but they have several years of experience doing this, some properties are even abandoned.

I have heard that land/house flippers some time look for cash investors as these are generally all-cash deals.

As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.

Hi all, Received a general lead in Furnished Finder this morning, MTR for construction crews through PCH (Preferred Corporate Housing). 

The "DTI" is generally used in consumer loans (like a mortgage for a house) and "DSCR" are used with commercial loans.

Generally speaking though, this asset class can be argued to be one other most management-intensive. 

If anyone has knowledge of the local rental demand, property values, or general area insights, I’d greatly appreciate your input.

From my observation/experience, Berryessa and Piedmont Hills areas are more family-oriented, so the demand there is generally for primary residences, renters, or travelers visiting families.

**Mentioning Other Brokers**: Yes, it’s generally okay to mention that you’re speaking with other brokers, as they often expect this in commercial real estate.