If it’s going to be more than the one day loan we actually structure it the same as a regular hard money loan.if it’s a true double close, process is super simple.

They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).  

But my question is that if we consider other operating costs like maintenance, capital expenditure, vacancy, etc then this property won't cash flow, so is this a good deal?

From simple rules like permits to outright bans so that is a huge risk IMHO.

It's a simple solution, get more info.

My experience is that you pretty much always have to file an extension with them as your CPA and the communication is pretty terrible.Just trying to get some fairly simple taxes filed for myself and my business that I met with them about throughout 2022.

I have never paid for a course but spent $15 on a book about Airbnb rentals and it's simple math.

If your leasing application process is thorough and well thought out, and if your lease agreement has been well drafted by your local attorney and if it includes clauses that permit you/your property manager enough latitude to maneuver and anticipate undesirable tenant behaviors, both actions and inactions, and you have operational processes which align with enforcement of your lease, then you've done all you can do to reduce this inherent risk of an undesirable tenant.  

Section 8 can be very profitable if done the right way, at scale, by an experienced operator, but I think it's one of the hardest strategies to start doing because of tenancies and government involvement.Most new people just think it's an easy government check and there is nothing that could be further from the truth.

Yes both states have licensing requirements for contractors and subcontractors which can be found with a simple google search