The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

Guests appreciate functionality more than anything, so as long as they’re clean and do the job, you’re good to go.Little details like this can make a big impact on guest satisfaction.

I find it continues to impact their algorithms as they continue to figure out how to attract hosts and guests and it further proliferates and already saturated market.  

Shop around for debt to see what is available and model the various structures to see how the different terms impact performance.The tradeoffs will be fixed vs. floating rate, conventional vs bridge vs CMBS vs bank vs agency. 

Also, make sure to build trust with sellers and research Orlando’s zoning rules—they can really impact deals.

@Adam OrtizRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Yeah, it makes it harder to determine which of the big listing sites that impacts you.

However, this does not impact the sale proceeds.This post does not create a CPA-Client relationship.

Just remember to factor in management fees, vacancy rates, maintenance, and capital expenditures, as these can really impact your cash flow.

How could this impact tax matters for both companies and the Joint Venture as a whole?