It's important to know what market rents are for what you are analyzing, many properties are super under rented and you have to get them to market rates. 

This change facilitates a diverse range of future uses, including office, commercial, residential, and hospitality spaces.Why Invest Here?

Some lenders offer discounts to return borrowers so maybe look into both flip and DSCR rates when finding a lender. 

Check their occupancy, nightly rate and amenities.

There is no exception accounted for in the subsections or linked sections that changes the meaning of that statement. 

The ownership could be changed prior to structuring the parking arrangement, but last-minute changes without time to season the ownership change would significantly increase the risk the transaction could be disallowed as a step transaction under audit.

To add to your argument I suppose the tax implications are better with RE too bc theres a capital gains tax ceiling of 20% vs standard tax rates for IRA withdrawals that are potentially much higher.

Statistically, the CPA exam has had a pass rate of 45-55% and the BAR exam has had a pass rate of 40-75%.About Enrolled Agents (EAs):An Enrolled Agent (EA) is a tax expert licensed by the IRS.

Our cash on cash return is essentially infinite as we make money on the delta between the yield of the discounted note that we purchase and the interest rate we pay to our passive private capital partners. 

I was able to fund a brrrr deal using 0% interest rate business credit cards ($95k across different cards), I didn't have to deal with lenders and their high interest rates or their draw request process to access renovation funds.