And it's already reaping rewards. meaning, it's working as intended. 

I've never seen a new STR law that didn't grandfather in existing permitted short-term rentals.

Working in commercial real estate can be rewarding, but it's important to understand the nuances of the industry before making any deals.

It takes a sacrifice to buy but the rewards grow as time goes.

In the same amount of work I could find an undervalued deal in my market through existing channels.

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.

However, it sounds like you are confused about the different types of auctions that exist on Auction.com. 

The $200 cap rewards the class A doors we want to manage, and the $100 minimum weeds out the doors we don't want. 

Rates may still be high, but sometimes they’re more flexible with repayment options than a mortgage refi.Family Loan Structure: Since you have an existing interest-free loan from family, you could talk to them about restructuring or even adding onto it, if they’re open to it.

😊 Goals give us two things: direction on where we want to go, and the motivation to get us there.Imagine your ideal existence.