You must must disclose to the seller everything including that you are selling it to someone else and how much money you are selling it to that end buyer.

For example, include thoughtful amenities like a welcome basket, free snacks, or local guidebooks.

The client will be solely responsible for capital gains taxes, including depreciation recapture, regardless of the agreement to share proceeds.

Most hard money lenders require 10-20% down payment of the purchase price or total project cost.Holding Costs During Rehab: Yes, you'll need to cover carrying costs, including hard money interest, utilities, taxes, and insurance.

DOM can be minimized by a number of different factors including the quality of marketing, rent price, availability to show. 

Partner Driven covered 100% of the financing, including the $220,000 purchase price.

@Bryan Stengel, I think alcohol has been the tough one with the STRs, not sure about if you need license( hopefully someone will chip in ) , however there  always the liability part including but not limited to offering alcohol to people who are trying to quit etc.

I'm advising folks to keep a close eye on Clay, Cicero, North Syracuse, the neighborhoods including and surrounding Eastwood, and the neighborhoods by the university.

I have spreadsheets filled with material lists for every phase of the build that includes pricing for materials as well as labor, and sources that I use for them.

Include in your model rates going up by 2%, and just make sure you enough cash to cover.