Seems like a property that isn't going to appreciate rapidly so cashflow will be vital to its investment potential.

Potential cash flow How did you find this deal and how did you negotiate it?

So it's not really "extra coverage" for a landlord, but rather a setup that can potentially create problems and less coverage.

@Brian KohtzYes, you can potentially claim the property as a rental in 2024, but it depends on when it was "placed in service" for rental purposes. 

All depends on the market or if you want to be one of the only properties to offer a hot tub in your market, which could potentially tip your property to a top line in revenue and occupancy. 

If you buy a whole portfolio and your projections are off then you are potentially in trouble. 3.

I'm not a fan of mega back door roth contributions, unless potentially if you're in the 22% tax bracket or lower.

Here are five dangerous provisions to watch for in an Operating Agreement:Dangerous Provisions to Watch:Authority to incur debt without investor approvalPower to make loans to other entities/projectsAbility to cross-collateralize with other propertiesPermission to use investor capital for other venturesCommingling of funds across different projectsWhy These Are Potential Ponzi Indicators:• New investor funds could be used to pay existing investors• Project-to-project lending can mask poor performance• Cross-collateralization puts your investment at risk for others' failures• Commingling enables masking of financial problems• Lack of project segregation enables fraudulent schemesProtective Measures to Look For:Strict single-purpose entity requirementsProject-specific bank accountsDebt limitations and investor approval requirementsProhibited related-party lendingClear fund segregation requirementsProfessional Best Practice:Request bank statements showing separate accounts for each project.

Hi BP Family "I’m working on a 15-unit multi-family deal with strong rental & value-add potential.

@Jonathan Klemm Plans are to either house hack again, potentially live-in flip or maybe venture into 5+ unit commercial