The place is great. 2 brand new renovated bathrooms, brand new carpet, brand new paint, and brand new appliances!

New information, including fed comments today, will create continued volatility.We probably should stop discussing opinions on what is going to happen and start discussing what we are doing instead.

The amount of concessions we’re asking don’t include the entirety of the things that were on the inspection report, we’re asking for about 17k in concessions. 

When you lose that lawsuit, the court will issue a judgment against each and every partner for the full amount of the damages (which can also include court costs and post-judgment interest and depending on the terms of your loan agreement, maybe even the lender's attorney's fees for the suit). 

If you're operating an STR out of an ADU (includes basement ADUs) you can only STR up to 120 days/year.

Surprisingly, Easy Street Capital has a fair number of science majors (myself included).

I have a large team in the Philippines which includes appointment setters. 

Yes - all of the pass-through fees are utilized to needed vendors and included and balanced on the final settlement statement.

Since it is going to be a rental, first concentrate on any items that need maintenance immediately that prevent it from being rented now (creating cash flow)(including all parts to be working, such as HVAC, plumbing, electrical, etc.). 

I was also planning on paying cash for remodel but fix and flip supposedly includes this in their package?