We believe that the collective knowledge and insights from this community can be invaluable in helping us navigate the complexities and opportunities in this field.We are particularly interested in:Understanding the key challenges and best practices in new construction projectsLearning about effective project management strategiesInsights on securing financing and managing budgetsTips on choosing the right locations and marketsExperiences with regulatory and zoning issuesNetworking with potential collaborators, contractors, and service providersIf you have experience in new construction or are currently involved in such projects, we would love to hear from you.

I'm not sure there's any end in the country's rental crisis in sight so there's a serious regulatory risk, but that's the case in the US too.4.

They can help structure the deal, assess the financial feasibility, and connect you with potential investors.Due Diligence: Conduct thorough due diligence on the facility, including financial records, operational history, regulatory compliance, and potential for growth.

You can specify blackout dates when the property is not available for rent if you wish to use it personally during certain times of the year.Legal and Regulatory Compliance: The management firm will ensure that the property complies with local laws and regulations concerning rental properties, including obtaining any necessary permits and adhering to zoning laws.Maintenance and Repairs: Property management firms often take care of routine maintenance and emergency repairs, ensuring the property is well-maintained and ready for tenants or guests.This arrangement allows you to enjoy your second home for part of the year and generate rental income when you're not using it, with minimal effort on your part.

I've finally got several homes approved by the state of TX that are being built in CA and it's been a regulatory journey.  

Wholesalers can leverage realtors’ market knowledge and legal adherence, while realtors can benefit from the off-market property leads that wholesalers provide.Regulatory MeasuresImplementing regulatory measures that guide wholesalers' operations can assuage some of the mistrust associated with them.

What are some of the recent legal or regulatory changes that have impacted your work?

The setbacks require it be at least 20 feet. 

With the regulatory environment surrounding short-term rentals always in flux, I'd never buy a place using Airbnb numbers.

For reference, your typical setup costs for a true syndication with all the regulatory filings and documentation is likely going to be around $10k or more.