There aren't that many "watch outs" in the contract as land is pretty simple and straight forward with the Florida Bar Vacant land contract - are we talking a large plot of land?

@Seallington TouchI don't think the location of the CPA matters provided that they have a solid background in Real Estate and software/tools to support you remotely.Finding a Real Estate CPA is simple.

However, subsequent increases in interest rates caused a substantial reshuffling, reestablishing New York and Los Angeles as the dominant players.

do you mean leasehold rather than fee simple ownership ?

If you are already worried about it not selling for a higher price because of lower priced units (which are smaller), why would you think about more renos to increase the value especially if you said you can't afford 2 mortgages?

With increasing vacancies, fewer deals are priced based on going-in yields.

It's really a simple process of getting a state sales tax license and filling a business license with the city.

I have several properties here, many with SIGNIFICANT equity increases.

I think you can create value (Increasing NOI) and you know that the lender would value the property from an income approach you'll have a better chance as a BRRRR.

I am assuming we would have to place offers as the home becoming a “secondary residence”, but I know that will also increase the interest rate like no other.