FYI after several months went by the non-performing partner filed a small claims lawsuit against me on the upper end of the amount allowed in our small claims (I believe around $6800) for charges on expenses they had placed on a personal credit card.

I personally used business credit cards to BRRRR a deal—no money came out of my pocket.

Neighborhoods there are usually in better shape (although Baltimore is very much block by block), and in my opinion, the quality of the tenant pool is much better.Oh, and great idea checking out the properties in person—the pictures you see on the MLS can be very deceptive lol.

While you are at it, put the next person on MTM to create some equity in the contract when you have problem in the future.

If a buyer has good credit he can get a personal loan to buy a property, and hence “nothing down”.  

@Cameron NordinA cost segregation study accelerates depreciation by classifying certain building components as personal property or land improvements, allowing them to be depreciated over shorter recovery periods (e.g., 5, 7, or 15 years instead of 27.5 or 39 years).By accelerating depreciation, cost segregation lowers your tax basis more quickly than standard straight-line depreciation.

Our focus is on cutting-edge strategies and an action-oriented approach, ensuring you leave with a concrete game plan, not just outdated information and notes.What's New for 2025Event App: Easily manage sessions and scheduleTargeted Session Tracks: Personalized recommendations for your investing experience levelIncredible Keynote Speakers: Two of our Three keynote speakers have been announced. 🔥 Chris Voss"The Master Negotiator” & Author of Never Split the DifferenceLearn high-stakes FBI negotiation techniques for real estate deals 🏆 Dave MeyerHead of real estate investing at BiggerPockets14+ years of experience in real estate investingExpert in housing market analysis and investment strategyVenue: This year BPCON will be held at the legendary Caesars Palace in Las Vegas.

Just ask the person straight up how they rate themselves in terms of looking after a home and what they say and the nonverbal cues will likely tell you what you need to know :) 

When I started there was no Facebook, but now I have a personal page, business page on Facebook, website, linked In, and they all say that I help people with their real estate issues.

If you’re looking for more insight on RRG or your particular STR deal, I’d say most people on BP would agree that I’m the go-to person here for that.