Transparency, regular communication, and clear milestones have been critical to making this successful.For those of you who are considering working with private lenders or want to improve your deal structure, I hope this gives you some food for thought.

Share what you are looking for and the deals you are working on with your network in person and on social media regularly.2.

I'm going to be checking my BP more regularly.

Houfy now has a damage protection plan that costs the guests $5 a night and does light identity screening through SuperHog. 

If you are able to setup a credit card identical to your accounts payable accrual account, it should operate the same.  

Just curious, is there any tax benefit to filing as a regular partnership and issuing k-1s to ourselves that show a loss?

They are very likely to respond, but keep in mind you can't get dollars from a turnip.My experience is wear and damage are higher with some S8 tenants and not at all with others, just like regular tenants.

I will do my regular due diligence when dealing with a new partnership and any deals they find. 

It's mostly a joke.I think it did good - the influencer who opines regularly on cap rates, interest rates, the Fed, inflation, and is generally an economist, or even a bit of a philosopher, probably does alright! 

It is nicer to use than a regular chlorine hot tub especially on your skin but I don't know if the maintenance is any better or worse, personally.