(Purchase price somewhere in the $600k range)The property should bring in around $45-$55k/yr running as an STR and there's already a manager at the building if you want to be completely hands off.Add me and send me a DM if you're interested in submitting an offer on something like this.

The wholesaler also has an internal property management team that I'm using.

I will also be creating a property management company (based in NJ as well) to manage the LLC's property.  

We combined our resources with those of our partners, Julie Muse and Cody, ensuring a smooth transaction and timely project completion.

Depreciation allows you to spread out the expense of assets over several years, reducing taxable income each year.If you need further clarification, financing for your projects, or just have more questions please feel free to reach out to me directly.

Hey Ted, I use Hemlane for managing my properties .

Any idea on what would be the per sq foot construction cost for this project?

To everyone’s amazement, the revised project not only met but exceeded expectations, and the property resulted in success!

That keeps your monthly payment lower as you get the project going.

Even having a property manager, owning real estate is not passive while investing in a syndication is.