They do not take into consideration the revenue from the STR business as part of the selling price.So if comps say the duplex is worth 500k, then it is worth 500k.

These are all important considerations, and understanding the requirements can save a lot of headaches down the road.

How do I rise to my highest and best potential in every role of my life without giving into the temptation of justifying underperformance in any area of my life.For perspective, let me share with you a real regret.

Zach called me and told me they were changing my loan because they were going to consider my loan a “new construction” as oppose to an existing structure rehab or even complex rehab (considerations I’ve experience with other lenders).

Ask the builder or their legal representative for a copy of the CC&Rs (Covenants, Conditions, and Restrictions) or any supplemental documents specific to the development.Financing Considerations: If you’re financing the property, some loan types have limitations on renting out a home within the first year.

Would real estate prices in certain regions rise rapidly due to demand from both local and international buyers? 

It requires considerable infrastructure investment.

We should see a continued rise in inventories going into next year, which is normal for this time of year.

Those can indicate poor management, deferred maintenance, difficult and expensive upkeep like ocean front which will bring up issues with rising oceans, insurance, and hurricanes. 

While I do take into consideration all the relevant expenses when I vet a property I still like to see at least $200/door cash flow so I can more easily build up my reserves and have some money to work with.