Do my 3 associates need to create a LLC to be able to do these renovations or can any individual do them, as long as proper permits are pulled? 

These costs for most of the individuals are considered personal in nature (unless you have a RE portfolio that is run like a business; see below).

As an investor in a market where cash flow does not come often and appreciation is a bigger play, I understand your mindset. 

I understand that starting condition and location will play a factor here, but just wondering what your experience has been.

Main thing I would think of if you are targeting families are things like pack and plays, cribs, gamerooms for kids, etc. as well.

Cash flow is real, but it’s often a long-term play.

I refuse to play under these anti-landlord conditions.

Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.

GP is more important in many instances than the property and that is playing out big time right now.

Real Estate is a long term play. 6.