We will be sure to be diligent in our capex underwriting, given we are looking for value add deals.

Even if it were easier to find ‘1% rule’ properties nowadays, you still have to look into it and do your due diligence as every circumstances different.

I’ve been diligently looking and analyzing deals for over a year and have not come across anything that pencils out.

It starts with understanding the material participation criteria and diligently tracking your time and activities.

In addition, the extracts minimize impact to the land owners meaning they are not near the home on the farm and can barely be seen from the home on the farm.I think it is prudent you do your due diligence, but I suspect you will find that there is little risk from not owning the mineral rights and that the mineral rights come with surface rights.Good luck

I provided a strategic offer to win in a multiple bidding scenario using discernment around the due diligence fee and length of timing.

Good luck with your due diligence!

With you being an out of state investor, I assume based off your Denver location, it is vital that your property manager does their due diligence beyond just getting a rental verification.

It's really useful for doing portfolio analysis, but you have to be diligent on identifying errors from Stessa.

My biggest issue is that I’m using personal funds as owner contributions to these accounts and money moves from account to account on a consistent basis, so I’m trying to be diligent in proper accounting.