I'm trying to determine if this is just in the Ellijay/Blue Ridge Corridor or if it's extending across North GA.

Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when they don’t qualify for a 3rd party loan (2) obtain financing when the property doesn’t qualify for financing and or (3) extend the “buying power” of their capital contribution (down payment) to purchase a larger more expensive property by having the seller provide a subordinated mortgage loan.That’s all and good, but why should the seller agree to finance the purchase of his property, instead of getting CASH for his equity?

A significant challenge with the BRRRR method is the rising rates and extended seasoning periods for cash-outs.

Delays often increase labor costs, especially if contractors need to extend their work.

They said that my parcel of land can hold a max of 3 units so I can either extend the current property into a triplex or add a free-standing unit to the land.

Lenders often use this to determine if they can extend further financing, so knowing this could give us a better idea of how much equity you can tap into.How much in carrying costs are you expecting to need during construction?

Ok so I just bought an extended stay motel in Michigan......and I live in Utah.How it happened: I was under contract on a single level 9 plex in a small industrial town in Michigan, I flew out for the inspection and we found mold all throughout the roof and the crawlspace.

I was told you could contact the hotel directly to see if they could extend on either end and keep you in the same room.

Operators that are open and able to offer combined usages for slower seasons, such as mid term discounted extended stay rates in the winter, can improve lower estimated production in the off-seasons. 

The IRS considers fence replacements as improvements that extend the life or value of the property, even if it’s replacing an old, damaged fence.The depreciation period for a fence on a rental property is 15 years under the Modified Accelerated Cost Recovery System (MACRS).