I think arbitrage is the riskiest of all str investments for numerous reasons.

There use depends on the type of trust setup - they can be used to bypass probate; eliminate ownership and control from a person subject to lawsuits; skip a generation on an inheritance and hence skip inheritance taxes, and numerous other uses.  

A deposit on cheaper ones...I've beeN an Airbnb and HomeAway host on numerous properties for the past 6 years. 

We help clients close numerous multifamily deals in the valley each month and have good pulse on what's happening.Matt

This data was from 2023, so I checked online and found that google says 70+ people move to the Triangle area daily in 2024.

The challenges are too numerous to outline here, a person could literally write a book.

I have been investing for 24 years and have been through numerous major economic challenges.

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

They'll have numerous articles and contacts highlighted monthly that will give you an education in itself over time.

Leaving aside if the JV is the best way to fund and assuming its not a scam than the fee is probably a very wise business move because a large percentage of the deals you see are from people who are delusional or are not taking numerous things into account (delays, closing cost, wrong comps, time, etc.).