And saying you will send an LOI without having any pro-forma information is probably producing an eye roll and a push of the delete button.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

Covid should be a reminder vacation rentals have tempting pro forma returns, but income can get eliminated overnight.Even something as simple as seaweed - The last time we were in Tulum there were mounds of seaweed covering the sand and the water was brown as far as we could see.

@Leonardo Morantes Gomez you can put it into an LLC if you have a recent FNMA mortgage and you form a single member LLC.

Those pro forma numbers look great on paper whether flipping or buy and hold for rentals - I've talked to many California investors losing money in these inexpensive "cash flow" markets. 

Since many STR's are seasonal, this is a monthly annual pro forma to analyze yearly NI. 

I wouldn't touch this unless you're 100% confident in your pro-forma rents.

In some instances where a property is under-performing, we get a quote based on "as is" condition and then one based on making certain capital improvements within the first year to allow for pro-forma projections.

I set up my LLCs using IncFile (Bizee) before meeting them for the first time, so I just needed help form a land trust ($800) and transferring the property into said land trust ($500) in my LLC.

UST bills do not generate passive income, they generate portfolio income, which cannot be offset by passive losses even if you had themThis is rather technical unfortunately.Do you have a solution for this situation...Can we form a LLC and show this land investment under this LLC and have schedule K1 which will show mortgage and interest as loss