Given your firsthand experience with the Alabama market, particularly with septic-specific considerations, your insights would undoubtedly provide a more accurate perspective on the operational and maintenance costs affecting this asset.Even with the available information, there are still substantial assumptions and speculative elements that must be integrated into the current and pro forma financial analyses to provide a meaningful valuation.

If a tenant (friend) needed to move, I wouldn’t want to be in a bad situation financially.

Here are some tips to help you negotiate effectively:Know Your Numbers ColdBefore entering any negotiation, understand the financials of the deal inside and out.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I would agree if we were talking about financial statements, but as I understand it, we are talking about tax basis reports.For tax purposes, one can use a modified cash basis when filing.

Make sure to prepare a professional proposal, highlight your STR track record, and be transparent with your financial projections.

Can you believe how much time and information Tax, 1031 exchange, accounting, and financial experts give away here?

The key is understanding your risk tolerance, time commitment, and financial goals to find the right balance.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Depending on your market it may not make financial sense at all.