Also, just from recent experience the STR permit process has become a little more troublesome.  

We prefer some form of joint venture where we will put up some of the capital and project manage the development process.

This accelerates depreciation leading to additional tax savings and cash flow.Historically, a cost segregation study has been a very manual process completed by tax experts and specialized engineers.

Any insights on markets with affordable duplexes, good rental demand, and FHA-friendly opportunities would be highly appreciated.Additionally, if you have tips on finding turnkey properties or navigating the FHA financing process for duplexes, I’d love to hear your experiences and advice.Thanks in advance for your valuable insights!

Some expenses are:- Mortgage interest- Insurance premiums- Utilities - Management costs- Maintenance and repair expenses- Marketing costsYour CPA will be able to guide you through the whole process.

I’m also beginning the process of getting my real estate license.

I'm in the process of renting it .

FICO NEEDEDPointsUnderwriting processing feeLoan to valueMinimum loanDown paymentReservesProperty typeCondo requirementsNon warrantable condoRehabCash outVesting requirementsBorrower typeNumber units4-8 unitsFHA LoansUSDA LoansVA LoansFannie/FreddiePrime MortgagesJumbo LoansDSCR LoansBank Statement LoansForeign National/ITINAlt-Doc LoansNon-QMCDFIRental LoansHard MoneyDue in XPrepayment penaltyBuy out of prepayFix & FlipBridge LoansP&L LoansNonprime

We are in the process of getting this property ready for promotion on STR/MTR sites.

I am finally in the process where I am on under contract on my first fix and flip house.