Key lessons learned: use a cost-per-square-foot estimate from previous projects rather than relying solely on GC quotes, as they often underbid but end up costing more in the long run.The property is under a 2-year lease at $1,750/month.

The key is keeping detailed records to ensure only legitimate business-related expenses are written off.

If a deal shows a negative Cash on Cash Return on Investment (CoC ROI), analyze key factors like operating expenses, financing, NOI, debt service, and cash flow.

Here’s a recap of key points.Slower growth in prices and rents: Florida is expected to experience slower appreciation or even declines, affecting short-term returns for investors.Affordability challenges: While affordability remains an issue, the primary concerns are rising expenses and increased supply.Increase in new inventory: Florida is experiencing a significant rise in new housing inventory, contributing to oversupply.

What are the key factors driving gentrification in West End, East Atlanta Village, and East Lake?

Best thing is to always check the unit as soon as the keys are turned over and take photos. 

The individual who owns the real estate in their personal name  but understands these key principles is also better prepared to address any claims or conflict if and when they arise than the individual who owns their real estate in an LLC and ignores these important operational functions. 

Key factors include job market, appreciation, and high-demand areas.

IMO too many focus on location to much, sure you do not want to be next to a crack house, but price is key.

Not much 4 units come on the market that is turn key.