Reward: Assess whether the uncertainty surrounding the current occupants, title clarity, and liens aligns with your risk tolerance.

The land assessment value is on the tax assessor's site in every county, but that doesn't hold a ton of relevance in my opinion.

Owners were charged an assessment (several thousand dollars) in 2023 to put into reserves, as per the new rules after the Surfside collapse.

The rental market is strong due to students and digital nomads.Managing a couple of tenants would not be too hard but managing a dozen, on the other hand, would be a nightmare.I am a bit torn.

I am trying to assess whether I should take it solo , leave it or scout an experienced partner.

Right now there's huge concentration, but as this continues to build out and we see north of the high 30s GW by 10 years from now it'll be almost a requirement to keep some type of locality based risk assessment and to diversify. 

Given that I would pay 3/4 of the property's assessed value I think this could be a great opportunity.

While OZ investments offer significant tax benefits, assess property risks and long-term potential beyond the tax savings.This post does not create a CPA-Client relationship.

I'll happily pay the commission and his GC fees, and we'll hopefully do this a few dozen times over the coming years.My general question is: how are other people handling this awkwardness?

In this market, I would not finance a first time flipper at 75% profit split because the profits and success rate is lower than the last dozen years.