This question is definitely very location dependent - licensing across state-lines is a tricky thing to navigate so depending on the size of the lender they may operate in one metropolis or all over the country.

How do you navigate that challenge in a market like Utah, where achieving that kind of rent-to-mortgage coverage is becoming nearly impossible?

I’m blown away by how generous you all were with your time and insights.Hearing your real-world experiences with financing, managing projects, and navigating today’s market gave me so much clarity.

These foundational elements enable you to navigate transactions successfully and make informed decisions.While there are many resources available, including courses and mentorships, the reality is that without a foundational knowledge base, you might struggle to apply what you've learned effectively in real-world scenarios.

I would love to hear from anyone with experience navigating these aspects of a coliving BRRRR strategy!

Consulting a CPA is a must to navigate these nuances.Double-check these details with your lender and CPA to avoid surprises and keep scaling smoothly.

Also navigating town hall, we learned who calls the shots and who just thinks they do.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The process is very involved as you'll have to navigate pre-construction activities that involve architectural plans and approval from the city and then the construction activities (Shovel to soil) take anywhere from 5-9 months depending on how much your building. 

Our management team is dedicated to navigating through these challenges and emerging stronger.We greatly appreciate your understanding and patience during this time.

I have a lot in East Rockaway, corner that I am helping the owner find a buyer...Trying to get more info on like zoning and how much you can build, Property shark has been useful in NYC but pretty useless in Long Island, can not even find basic info there, is there another website or resource I can use for more detailed property info?