You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.

As I understand it, this is primarily found with MF.

With your CPA background and audit experience, you already have a strong foundation for analyzing deals and understanding the financial side of real estate—a huge advantage as you dive into this new journey.

However, if you’re requesting in-depth consultations like landscaping costs or detailed property assessments, it’s fair to offer compensation for their time.My advice: Start by finding an agent who understands STR investments in Joshua Tree.

We have done this for over a year now and this strategy has gone really well.We are very experienced in the STR space and understand that getting bookings is multi-faceted (ie. listing photos, reviews, amenities, PRICING, description, seasonality, etc).

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I under stand buying fixers and forcing equity..

Usually you're falling somewhere in the $150-$200 range, but you really need to understand this number and how to determine it.The market, in general, in Detroit is rapidly appreciating.

Nick is a sharp investor U may want to see if he will engage you off line for some deeper dive in methods for success Forgive me for my confusion, reading statements are way harder to understand than hearing them, are you saying that if someone puts the typical 20% down they are better or better putting that money down on a property that they know will appreciate for the long term and not even worry about cash flow?