It sounded likely that a co-primary structure on the same lot would end up in front of the BMZA (Baltimore Municipal and Zoning Appeals) and many of the same standards for a primary residence in that zoning classification would still apply to the co-primary structure, unless BMZA waived it.

What seems more appetizing to you? - SMF, 200-300k, in C- to C+ area , immediate cash flow (5-8% ROI), 3% appreciation/year, and 5% Vacancy- SFH/SMF, 400k+, in B+ to A- area, break even (for the first year), 6% apprec...

That would effectively cancel out the benefit of adding the labor to the Cost Seg.

These firms are recognized for their cost-effectiveness and dependability.

By integrating CPAs into the initial discussions, real estate funds can be structured more effectively, with tax considerations and financial goals addressed comprehensively from the start, ultimately avoiding costly amendments and adjustments down the line.

I'm not sure why you did this...it sounds like you already had very similar conversations before.

Let the compounding effect of time take over from there.

To be honest that actually sounds concerning.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

But I think that advice is sound for a lot of people who are looking at shiny objects.