For those interested in potential partnerships or who have guidance to offer to a budding investor, I’d be thrilled to connect and discuss further.Thank you for welcoming me into this community.

A real estate attorney can assist with drafting a partnership agreement that outlines the rights and responsibilities of each party and addresses any potential contingencies.

Also you could potentially have recoverability issues down the road if it were to default

This project has the potential to be a 1 mil + project if done right.

This wouldn't be happening until potentially the end of the year either way but thank you!

The benefit of raising rents in the short term, on the back of strong demand, is far outweighed by a potential structural supply problem over the longterm.

I could also potentially live on the property and turn my current home into a STR, but that’s not in the immediate plans.  

You must get rid of it or you will have potential liability down the road.

-For instance, if you don't follow legal timelines, you can be fined treble damages:(The other potential issue is being able to PROVE to a judge that the tenant caused the damages you charge them for. - So, where is the tenant's MoveIn Checklist? 

In today's real estate market, several effective investment strategies include:Buy and Hold: Acquire properties for long-term rental income and potential appreciation.