Anticipating that there would be questions, I requested that they file an extension to afford plenty of time since I didn’t have depreciation schedules. 

Given the location and current market climate with an anticipated delivery in summer of '24, what would you say is a reasonable $/SF for a 2 bed/2 bath condo with a patio and plunge pool?

If the mom does miss a payment at that point, that could something you can consider once it happens since there is no sense in anticipating her missing a payment until it actually does happen. 

What do you anticipate the yearly rent increases to be?  

You definitely need to know and anticipate the limitations ahead of time.As for college, it serves a purpose, but the customer needs to know the system. 

Discovering the concept of house hacking ignited a passion within me, prompting deep dives into podcasts and books on the subject.Currently in the NACA process since June 2023, I anticipate viewing properties by March.

Now, the other 2 owners know I want to buy their units so I anticipate they will be asking for a premium.

“Usually” the assesment is for shortages last year and anticipated shortages for the next 12 months.

Seek for condominiums with comparable renovations and evaluate the impact these upgrades have had on the selling prices of those properties.Rental Demand: While renovations might increase a condo's appeal to prospective tenants, especially in the Section 8 leasing market, it's important to assess if the cost of the improvements can be recovered by the anticipated rental revenue.

I see way too many people advocating for this, and while it may be a reasonable route for an *experienced* investor who is simply facing cash flow issues (has the money to pay in general, just not today), using credit cards for a deal in anticipation of using the proceeds from the deal to pay off the credit cards just seems too risky from my perspective.