Your first due diligence exercise in notes is to find out the qualifications, experience, knowledge and financial stability of the note seller-dealer!

I will answer as it relates to traditional BRRRR, in the general case there are additional options.  1) Do not perform maximum cash extract.  

Based on these assumptions and the IRS notice's text that "The IRS also gives affected taxpayers until May 1, 2025, to perform other time-sensitive actions described in Treas.

Note investing can be divided into performing vs non performing.  

STR's can perform even better as you know but its all about location and timing.

In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.

Quote from @Sanjay Bhagat: BP is not in the business of tracking syndication performance.

As of today however due to a signed affidavit we will be given a court date to follow through with eviction and perform said strategy above with section 8.  

For doing an STR well the larger properties are best and it needs to stand out amongst competition to perform well. 

With minor cosmetic upgrades, he increased the rents, and now it’s one of the best-performing properties in his portfolio.I also had a client in Providence last year who bought a fourplex.