One potential word of caution: I asked ChatGPT to compute the IRR of a fund based on certain criteria (which is normally alot of work), and it spit it out instantly with a ton of analysis and which all looked and sounded super impressive.

I know that there are really good deals listing on the market every single day, but f there are so many great deals, why aren't they all getting bought up instantly when they go on the market by avid real estate investors?

I’m not sure of the legal ramifications but I would still ensure the dwelling meets safety standards.

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The biggest hurdles, obstacles, and challenges in life that limit your belief and mental structure in no particular order:1)Thinking where you start is where you finish.2)People resting or stopping in the middle, not at the end. 3)Prioritizing instant gratification rather than delayed gratification4)The controversial mark twain  quote or not quote--It ain't what you don't know that gets you in trouble, it's what you know that ain't so.5) The lack of an ability to move on.6) Not appreciating the power of delegation.There's probably 2-3 others I am missing, but over time these have rang so true in any instance I have faced in life.

If the City discovers the illegal dwellings they will most definitely Red-Flag them.

You have to exclude the gain only if the rented space was separate dwelling unit ( duplex).

One of my listings was on Instant Booking and I didn't realize.

People flipping homes instantly got crushed and many people doing BRRRRs ended up under water both in equity and monthly payments as rates went up.

How do you expect people to want to pay for the service if they are being banned almost instantly?