(Rental loss = repairs or renovations exceeding rental income) If you are a high earner, you generally want to get advice from a CPA that understands real estate income & taxes, but here's a few thoughts:1.

-Do you have a deep understanding of construction terminology, processes, standards?

To make everyone understand we all matter alike?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

Right now I am liking pickle-ball courts as it is the fastest growing sport in the US.It is very, very important to understand all the revenue and expense variables and then to have peers cross-check your analysis.

The Zoning laws are so difficult to understand.

I'm looking to better understand private money, I have worked with hard money before but does it differ from hard money?

If the house was occupied, I would definitely be concerned about bothering tenants but if it's vacant that's a non factor.I understand both sides, but you should be able to go see it again as part of your due diligence

You can use this tool to figure out that part: https://docs.google.com/document/d/100dRzu-iQEIZbR1adxIASdH2...Once you have that you should engage a local broker to discuss the options for those types of uses in your market and they will be able to help you understand the overall picture and cap rates of the various options.

I do understand your given scenario as I have been in contract with 2 properties in Daytona beach, FL in which I ended up pulling out after inspections but insurance was an added factor as well.