Another option is to look into some funds as well that allow smaller investments. some are anywhere from 500-$10,000 minimums and accept non accredited investors (through regulation a+).If you ran numbers of a loan paying p&i at 10% but ot being able to reinvest the principal payments you realize how low your returns actually are. so yes notes are great but also understand that idle money for any investment is not fun.

That’s a whole different ballgame.Are they giving you any flexibility to complete the build, or are they holding firm on the demo?

California has some pretty tough regulations surrounding property left behind by a tenant.

“Today’s action is part of President Trump’s bold agenda to unleash American prosperity by reining in burdensome regulations, in particular for small businesses that are the backbone of the American economy.”

If you are in Osceola, Lake, or Seminole County, then the regulations and rules fall to the city and then the HOA rules.

Many markets have strict regulations that could rule them out.

I do think that flips are a big focus right now while the market shifts, and I firmly anticipate further disruptions from now through November, so my main strategy is DIY as much as possible with our existing property while timing shakes out.For the land buy / retreat proposal, the main goal is a long term return on investment, rather than a short term buy/build/sell.

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

I would love the opportunity to chat with you about Uptown Firm, LLC.

In making this determination, the enforcement agency shall consult with the entity responsible for enforcement of building standards and other regulations of the State Fire Marshal pursuant to Section 13146....."