I’m looking to purchase a 10 acre parcel either in Columbus, Dahlonega, or Helen.I’d like to live on half the land, and develop the other half into five A frame luxury short term rental units. 

Just google the following: - special assessment - zombie condos - Florida condos (look for recent news)Since you are not living near the properties anyways, why not look in a landlord friendly state where the purchase prices are lower?

I've seen this in the news.This doesn't affect me because I'm small time compared to these big companies.I also don't purchase any pricing software.

And I also guarantee there is assorted investors right now getting prepped on marketing campaigns to try and market to these people to make purchase offers. 

Purchase price: $190,000 Cash invested: $34,000 Triplex, ranch style.

In light of that did the developers wind up getting a pretty decent deal out of this after they took a big risk on a property with crazy restrictive zoning and no clear path forward prior to purchase?

I purchase my 1st multi family in Durham last sept, I was debating between str and long term, I went with str and I am loving it so far. my dec occupancy is Unit one 2b1b: 82%unit 2 studio: 79% So far so good and already thinking of getting another one in 2025 🤤 These are great numbers for this time of year!

Basis 525K Cashout 725K We are owed 200K due to personal funds investedWe want to purchase 2nd homeQuestions:1) Since our basis is less than cashout, will we owe taxes or can the money owed us be used to offset difference?

What % of purchase price is smart to put as a down payment? 

I used a private lendor to fund the re-hab (cash) and owner financed the purchase price (minus down payment) I have a bank account linked to Stessa and I see the cash deposit in the transaction tab.