Days wind down and now they have a (knee jerk) reaction and buy something non-optimal for a property just to avoid tax penalties.Had they been realistic starting out they would have had time to locate quality properties to buy instead of looking for a Unicorn.

Generally, grouping allows you to count all your hours collectively toward the 500-hour threshold, simplifying the qualification process for multiple properties.

By collaborating, we can leverage the collective knowledge and resources of more experienced investors in this forum, gaining valuable mentorship to accelerate our growth.

To answer the title of your post, selling fsbo can be a good idea if:- you have experience selling RE- you price the home to sell- you have systems in place to collect inquiries and facilitate showings i.e. call center/email/google forms for screening inquiries, showing agent, lockbox, security alarm, etc. - you have dozens of local agents who can market the property for you and bring you a buyer- you are listing in a desirable area with low-inventory - you are not in a rush to sell

It’s also important to remember that allowing partial payments without a plan can set a bad precedent, so it’s best to handle this firmly but professionally.For the future, collecting the first month’s rent in full before move-in can help avoid situations like this.

Look at your credit and if it has improved applied for a loan on  a muti-family home, so you can collect the rent and pay the loan, if unable to sell. 2.

If they are billed separately, the charges may fall into Fair Debt Collection Practices Act laws.

The type of heater installed is a baseboard heater, which heats up slowly and is designed to run consistently for optimal performance.

I'm basically here to make connections and collect information.

And STRs really help because you don't have the large dings that long term rentals have - i.e tenants damaging the property to where you have huge make ready costs (the str insurance covers that), no collections or evictions issues.