Account Closed Welcome to BP and welcome to the biggest source of REI knowledge.

Biggest headache I could see would be property management and finding a lot in an areas where room rentals are in demand.

There are also local, state and federal tax incentives for certain properties depending on whether they are on the national registry or just in a historical district.Once you understand the requirements you need to make sure to work with architects and GCs that have experience with these types of projects and the process and documentation required to receive full tax benefits as that is a very specific process. 

Besides the fact that they're two different metrics, don't they basically serve the same purpose, to establish a threshold to be met before a promote incentive can kick in?

What are the biggest reasons to title under an LLC?

From what I have found so far, permits and zoning codes are the biggest challenge.

There are several pockets of the city that offer tax incentives, as well as some rapid development immediately surrounding down town that is pushing rents and price appreciation in a very promising way. 

Your Biggest concern with a 203k is picking the right, reliable contractor. 

Because Fannie and Freddie are the 2 biggest buyers and they have a 6 month seasoning period so the only organizations that might potentially offer the loan allowing me to double close or assign or anything of the sort are portfolio and direct loan lenders.So today I will be sitting with my buyer and calling as many as those types of loan companies we can find until we meet one that is able to help us.

What's the biggest misconception about real estate investing?