Most of the bad noise right now is about downtown skyscrapers and REIT or Syndication apartment complexes where they played short term versus long term interest rates wrong.  

My biggest conundrum now is I want to be my own GC because even when I play with smaller numbers they’re still out of reach for me to be able to attain this goal and afford the monthly mortgage with taxes and insurance.

Plus I just hit “Mark as played.”

So the Jan 13,  2025 deadline is no longer in play

Those are long plays for me.

He didn’t just answer my questions—he showed me how this game is played at a much higher level.

You avoid the tax hit, and still get the use of 75% of the equity if you do a cash out refi - (but high interest rates sort of play against that to some degree presently… but you could alway refi again down the line if rates dropped.  

Curious how this will play out in the courts (granted it's LTR) and affect pricing products used for STR such as PriceLabs (which I use but have to seriously manually adjust for very specific reasons).

Reverse engineer the list of most recently acquired hospitality business built or bought within the 30-40mile radius, You’d be puzzled at how much capital they have to play with.Crowdfunding or Real Estate Syndication: Platforms dedicated to real estate investment might have investors interested in backing a boutique hotel project.

Umbrella insurance will never come into play for Property damage (fires, storms, floods, etc.)It is liability coverage only.I'm an insurance agent and have seen umbrella claims from fatal car and boat accidents.