Since you are doing shorter term deals it appears, you may want to get creative with the accounting and structure to maximize profits.

It's not uncommon to hear horror stories about getting into underwriting and losing your deal a week before closing because of incompetence or error.

I completed a 1031 exchange two years ago, but found the strict time limits made it difficult to find a good deal.

Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.

In this day of housing shortages and rising rents, you mentioned you don’t want to deal with all the “Covid19 no eviction garbage,” yet you’re ok creating a facility specifically designed to encourage others to congregate during a pandemic? 

And then you can refi your cash back out for another deal.

What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

To what extent would you entrust them towards handling duties such asCommunity and Forum building Online event hosting Social Media Handling Deal Finding and Analysis Appointment Setting Remote sales(real estate course and events)Customer Support

To me it seems like a decent compromise in the need for housing and the ability for home owners to make decisions about the highest and best use for their own property.Currently working on being able to put an ADU on a SFH property in a Denver metro suburb and the process is sooooo cumbersome, so I am glad that hopefully others won't have to deal with that process for much longer