In the few markets where the demand and markets support this, it’s likely that the municipalities will fight you tooth and nail. 

Meeting critical dates is the key to nailing a successful closing.

I am of the opinion that cash flow underwriting comes second, after first nailing the long term deal fundamentals, how strong is the equity upside and market generally speaking. 

And last but not least, the banks will fight tooth and nail when a borrower is seeking a full accounting.

Review Form 1065 yourself and decide whether you want to tackle it.The real dilemma here is that hiring a tax pro will definitely cost you, while it is unlikely to save you much (if anything).Michael nailed it on CA compliance for LLCs.

.-- But the real nail in the coffin could come in the Colorado legislature which is considering reclassifying STRs as commercial property for property tax purposes.

You nailed it with the traveling work crews.

If you nail your first 1-3 flips, your trajectory is SIGNIFICANTLY different than someone who stumbles on one or more of their first 1-3, like us.This is certainly not meant to take anything away from those who succeed. 

@Patrik KusekYou hit the nail on the head...

., Joey was using a nail gun on the kitchen subfloor.