.✅ VA entitlement impact – If you assume the loan, check whether the seller’s VA entitlement is released.Final ThoughtsThis deal has potential, but structuring it correctly is key.

Correct me if im wrong.I was considering using anderson business advisors to set things up for me, meaning LLCs etc to play smoke and mirrors to a tune of $15k and thought that was insane to pay. 

I am unsure if this means the price is correct or too low. 

Correction: This episode talks about Price Labs https://open.spotify.com/episode/1bS4eL80KL1rWY4vyCMjXh?

This is something that's rarely represented correctly in most spreadsheets and has a significant impact on operational costs.

It’s crucial that your STRs get reported correctly and that documentation is solid in the event of an event.Ideally you would have met with a cpa before doing a cost seg so you know that you’d be able to use the accelerated depreciation. 

A CPA familiar with local STR regulations can definitely help make sure you’re set up correctly!

A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

If you do not do your market research correctly, it doesn't matter how great your list is because you will pull a list in a bad market.

I have tried to get on the phone with Tyler to talk through this with the hopes that he can make corrections but to no avail.