Do not know much about them, but the Fund of Funds model will be an interesting case study during the next 3-5 years especially as deals go bad and investors look to these sponsors and the level of due diligence they did will be very interesting to see how they handle the lawsuits, as its not an if but a when, regarding a lawsuit.

Some TV stations handle that kind of thing too.

We are not real estate professionals.1) How would you handle the classification of the property in the 2023 tax year and would you utilize a STR depreciation strategy?

Regular lockAdvantage is price is cheap.Main disadvantage is that you need to have many keys to handle.

At this point, I feel like they’re just avoiding it altogether.For those of you who have dealt with this before—how did you handle it?

9) How are showing requests handled?

I live out of the area and have hired a property manager to handle the day to day business of my OOS rental because I have other work to do, because I don't live in the area, because I'm busy raising my family.

I'm starting to build the foundation so that when I get this experience I'll be ready and able to handle the business.  

For your GA LLC, filing correctly is crucial since you're based in CA and may need to handle multi-state tax filings.A real estate tax accountant can guide you on deducting renovation costs (likely capitalized rather than expensed for a flip), managing depreciation for investment properties, and tracking expenses related to your flip.

In the meantime, we will watch the forums for more posts about the syndicators who handle situations to the chagrin of their investors.