These loans are typically not reflected in your personal credit as long as they remain in the LLC’s name.

Property owners remain responsible for operations and maintenance, only because they retain full ownership.

I typically do most small jobs myself or find random handymen who do a decent/poor job.All leasing/property management is done by me today and I think it will remain that way in the future, even from afar.

You can add that you will buy the insurance for them and charge them if they remain in the property after [Date].

The details of the incident remain unclear, but they intentionally granted access to someone who subsequently stole major appliances.

Additional Info —Key Details:Location: Outside Santa Fe, NMProperty Size: 20 acres (valued at $80,000)Project: Two new STR unitsExisting Experience: Family has two fully-occupied LTRs nearby, generating $2,000/monthConstruction Approach: Self-contracted with licensed trades for electrical/plumbingCost Assumption: $80,000 per unit, plus ~20% for inflation (based on 5–8-year-old build costs)Financing: Using land equity as down payment on construction loan (expecting closing costs to be major expense)Request: Looking for feedback, potential pitfalls, and general guidance

.✅ Denver - April - $610,200✅ Westminster - April - $570,000✅ Arvada - June - $655,000✅ Thornton - June - $560,000✅ Lakewood - June - $605,000✅ Englewood - July - $600,000✅ Morrison - June - $968,000✅ Conifer - January - $872,500✅ Evergreen - April - $1,200,000✅ Golden - May - $1,025,000✅ Littleton - April - $680,500✅ Parker - July - $715,000Certainly these months/time frames can change in 2025 depending on mortgage rates, inventory in your city, etc.But, if all remained constant, this gives you a ballpark idea of time of year to net the most money

Even if you can find insurance now, premiums will likely remain high, and resale value could be impacted unless the wiring is updated.

For the property rented in October, utilities and interest before October are capitalized, while expenses after that date are deductible as rental expenses.For the vacant property, all utilities and interest remain capitalized until it is placed in service (February 2025).

My 2 cents is prices are crazy inflated right now, but believe it or not I think it will continue because of continued demand pressure for the area from people fleeing higher cost of living areas and moving there, with access to 87/17.