The plan for each house that we work on together is that at the end of each project, we split the money three ways. 1/3 toward the designer/real estate professional, 1/3 toward the private money lender, and 1/3 for myself.  

Also highly recommend attending in-person meetups!

It seems the goal is to hold for 10 years, then sell and profit on the back end without capital gains tax.

I owned the unit for many years and the units depreciation itself was already nearing the end of the depreciation.

The Cheshire Cat: “That depends a good deal on where you want to get to.”Alice: “I don't much care where.”The Cheshire Cat: “Then it doesn't much matter which way you go.”The key is to define your end goal and work backward from there.

And also expand my MTR listings in the area.What specific sites do does everyone use for midterm rentals in the high desert area?

Usually these 100% financing loans have high points and fees along with an absurd rate.

Trying to explore if there are still pockets in Nova where the returns make sense, given the high prices.

So much so, that I ended up having to refinance and keep one of them as a rental.

@Andrew Stack Hi Andrew - did you end up finding a property in Waukegan or another close area?