I wonder if it is feasible to pre-qualify prospects financially and criminally before touring"No, that's a fast pass to getting sued for violating a whole assortment of laws, how many and which all depending on the specifics to the potential buyer. 

I'd love to hear specific examples or success stories! 

American IRA is hosting a live session on End-of-Year Considerations for Your Self-Directed IRAs and 401(k)s on December 4th at 12:00 PM.

Hi Vivian,As a point of reflection for your consideration, please allow me to tell my story so far in the Tulum property market.I am a British architect living and working in Berlin, Germany.

Rent control laws are market specific.

Here are some questions and ongoing considerations you should be mindful of:1.

Another consideration is that if you do a 1031 exchange back out of CA the state is a "claw-back" state so CA will try to get their capital gains eventually.

this is a specific need you have and maybe there are attorneys here on BP in NY that can help, but having worked with jurisdictions before - with it being early december - these officials do not move very quickly so hopes of closing before year end could be complicated.

Not every lot will allow you to STR even though sevier county and the city propers do have specific zoning that allows it so you don't have to worry about them ever rescinding that right. 

Expect to spend a considerable amount of your time speaking to people.Expect to work dozens of hours/week with little to no immediate result.Expect most of your early interest from potential clients to come from your sphere of influence.Expect to go 3-6 months without getting paid (unless you do rentals which usually pay faster)Expect to be bombarded with distractions - mainly, people/companies marketing to you so that you choose their system for quick and easy buyer or seller leads.