For those that didn't or couldn't make it, and for those that did to add theirs in the comments:Beyond all of the relationships built, bolstered, and buffered, these are some of my highlight reels from this year's event in Cancun (in no particular order).1.

Good to have clear deadlines but overshoot them with a bit of buffer when possible!  

Search on this forum and you can see the buffer contingency numbers which people how have invested and got burnt come out with and maybe use  a median to calculate based on that:)

So, if you are going to BPCON and don’t have a buffer, meet one.

Personally, I am avoiding those markets for now just for a sustainability and environmental outlook, but I would overestimate for insurance premiums, almost 2x what you think just so you have a buffer.

They must have some moderate buffer in those builds to make them some sort of profit. 

I'm not in your market, but once I had specific properties identified I called around to get quotes for lawn, pest, and internet, and then got average monthly expenses for utilities and added a buffer to get my OpEx.

It’s wise to have a financial buffer for periods without tenants.

Our thought for this is, in the future it would help show income for lending purposes and possibly create a liability buffer.

Hi Scott,It seems like you’ve got a strong understanding of creative financing and investing strategies, but I do have a couple of comments and suggestions that could help you improve future deals.First, while your financing structure was incredibly effective, it’s crucial to always account for potential delays in renovation and build in a buffer for holding costs.