How to execute a 1031 exchange build to suitHow to operate and self manage a co-living property Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I've executed the rent-by-the-room strategy around several military towns.

We see this with MF investors as well, chasing the highest IRR%, which looks good on paper, but can end very differently on execution. 

Problem was it's a common perk for Chinese restaurants to provide lower paid staff with room and board, and without the upstairs apartment, renting an apartment in nearby towns for staff is a problem with rooming house regulations beside a major expense.

BTW, the closing was done remotely by one of the 2 borrowers, and they explicitly limited the power of attorney to only what was "Necessary" to execute the loan. 

I still use the checklists/grading system for staff evaluation.

The process of flipping and rehabbing isn’t just about the renovation itself—it’s about having a clear, long-term vision for the property and executing it step by step to bring that vision to life.

If you DM me, I can send suggestions.Yes, you'll want to record the docs after you execute the transaction.Also, don't self-service the loan.

Hello AllI am a business management executive for a large global company, and we (my wife and I) are getting into local real estate investing primarily within LA county, IE, OC and Riverside area.

My only complaint is communication, it can be difficult to get answers from office staff.