When exploring financing strategies for your first BRRRR project, especially with an owned property, start by researching reputable private or hard money lenders who specialize in rehab financing (like us :)).

Here are some potential steps and considerations for your friend in dealing with this issue:Steps to TakeConsult with an Attorney: It is crucial to seek legal advice from an attorney who specializes in real estate law.

These firms specialize in this type of work, and as such, we rely on the information we receive from them to make determinations on how much capital we advance for improvements made to the property.In this case, we believe the third-party inspection company did not perform their duties.

Would there be gift taxes involved as well? 

These lenders often consider the income-generating potential of the property rather than just personal credit history.Non-conventional Financing: Look for lenders who specialize in non-conventional or alternative financing options.

Any recommendations for companies or consultants who specialize in self-storage construction?

In the mobile home investing space, I've found the best source of information for market insight are the park manager and/or owners (if you're buying in a park) and mobile home dealerships (if buying out on land) as well as real estate agents who specialize in the niche. 

I am currently a special education teacher looking to transition to real estate full time in the near future.My hobbies include staying up to date with the market, leatherworking, and being a geek/nerd with my friends!

There is some complaints about the smell but that is fairly typical for memory foam when they are first opened up.Others have said you really have to wait at least 72 hours for it to fully expand before using or putting anything on it.EDIT - This is a special buy and has 2 days and 14 hours before it expires. 7% have been claimed so far.

Renting out rooms in a single-family house may be subject to special regulations in some places.Have a well-defined plan in place for room rentals.