If the proforma has the rent roll at $1400 a month, there is a discrepancy that could lead you into a bad assumption on your business plan.Also one caveat, be aware of physical delineations around the area like bridges or railroad tracks or a canal. 

If you start a JV in name but do not give your partners proper control and decision-making rights and the deal goes bad you open yourself up to serious consequences which can lead to SEC violations with extremely high fines.Lastly, you can offer the project up to investors who have no voting or control.  

Your role should be finding the reason for customers to buy your product instead of worrying about Airbnb goes bankrupted. 

However, it’s crucial to track and document all hours worked meticulously to demonstrate material participation if audited.The CPA’s suggestion that your activity would be treated as passive could stem from the involvement of a property manager, as their role could make it appear that you are not the primary manager of the rental.

Seasonal Slowdown (With a Twist)The holidays always lead to a slower rental market as potential tenants prioritize family, travel, and gift-giving over finding a new home.

Some of Invelo's features include:- List Builder- CRM with different databases for prospects, leads, and deals- Advanced marketing with direct mail, ringless voicemail, email and custom sequences- The most advanced skip tracing- REI video training series + expert-led masterclasses- Facebook communityand so much moreAs the founder of Invelo, my team and I are here to answer any questions about the platform.

So again, as I detailed, there will FIRST be a general cleanup of the general area lead by this mish-mash of disaster relief agencies AND local government. 

I have found that just being aware of how much you spend on each expense category leads to a better savings rate.

Our combined efforts made the property appealing to buyers, leading to a successful sale at $99,000.

I think investors see it the same way and invest that way too leading to bumps in prices if they start to see a trend.