I added value to the deal by completing mid-level renovations that enhanced the property’s functionality and appeal, making it a desirable rental option in the area.

It can take a year or more to complete an ADU.

Once work is completed, it will be paid out of escrow (with the sellers money).

Spell out the complete agreement of how expenses, profits (or losses), and other responsibilities are to be split—put everything in writing.Do a background check on the partner to confirm there are no outstanding liens, judgments, or active lawsuits against them.Hope these suggestions help.

I suggest going the extra mile by providing access to these services yourself, and you could even advertise features like $5 movie rentals on Prime Video to create additional value for your guests.Hope that helps, and good luck with your investment in Cancun!

This property can be refinanced at any time you feel is right after the 1031 exchange is complete to buy other property or access funds for any reason.  

You will need two years of your 1099 documented income to qualify for a loan as a 1099 employee, both years of taxes complete for them to formally pre-approve you most likely.You need to bank as much money as possible.

I know the founder and I know the company has been very intentional about taking the best features of both and expanding on them while leaving the problems (Airbnb) and wonkiness (FF) behind.

That may be the free version.It looks like it is completely free to list your place.

., historical features, custom architecture), a dedicated page lets you control the narrative and make a strong impression.- **Providing an Interactive Experience:** You can add features like virtual tours, video walkthroughs, neighborhood guides, and even drone footage to give potential buyers a deeper feel for the property.- **Capturing Leads:** These pages often have lead capture forms, so you can follow up with those who show interest.