Most focus too much on the LLC, but its the guarantor and the real estate that are the critical elements to underwriting. 2.

I would suggest following up with the PM and ask if they have proactively provided change of management details (essentially, letting the tenants know that new owner effective 03/29/2024 and were rents should be sent).

I utilized the pandemic to make HCOL wages in a LCOL area and am trying to take the delta and put it into something which generates cash flow because my retirement is essentially fully funded. 

To precisely compute deductions and guarantee conformity with IRS regulations, it is essential to maintain thorough records of rental income and expenditures.

This is why consulting with a certified accountant is essential to your financial success. 

What I think I understand now is that, for instance,, if the taxes due for the bid year are $500 and you win at $5000,  the extra $4500 is essentially pre-paid 2009-2013 taxes for when you get the deed. 

@Jacob StraussenTerm is essentially a commodity biggest difference you will see is if you want to have options to convert to perm that's when you would want to do more research and really get carrier specific.  

It was a groundbreaking study because it was the first to study returns of stock, bonds and residential real-estate since the 1870's across multiple countries. https://www.frbsf.org/wp-content/uploads/wp2017-25.pdfIn the whole period...real-estate had the highest return with stocks a very close second (about 1 percent behind) and bonds lowest.In the modern era, it was essentially the same but with stocks in first place and real estate a very close second (about 1% behind) and bonds lowest.And even in the modern era there were many decade long periods where real estate did better than stocks.Also, there is no way to know what will happen in the future and it's possible that stocks could perform lower for a longer period( or real estate).So, to me it's a no-brainer that I want the diversification of having *both* in my portfolio (and would never limit myself to just one of the other).

As you due your due diligence you often find elements of the existing construction which can be preserved.

I’ve been doing this type of work for way too long, earning whatever number it is my “boss” thinks I’m worth, and I want a career change that gets me out of the rat race.I want to be around happy people (for the most part) doing something creative, that makes me happy, free and lucrative, one that allows me to be my own boss deciding how much money I make, and on my way to living an essential life with multiple streams of income that include me in Europe, writing stories in my free time.