The most basic way of looking at this is that they serve to protect consumers from misleading advertising, scams, etc.

@Ti'Keya WilliamsFrom my understanding basically fractional investing in an asset which is different from a.

He basically did demo and some terrible electric and tiling then left; he stopped responding to any and all communication.

Hi,I am planning to get my first BRRRR project in a month, but I am having a hard time understanding the finance part of BRRRR. 1.

We met all non-passive requirements and can provide proof to show that our projected annual materially-active involvement is at least 500 for 2023.We met with our CPA and he brought to our attention that we had a loss of -$107k.

Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and make money: a) putting the least money out of pocket into project, and b) NOT signing on construction loan(s) if possible? 

for example, and others will ignore current actual rents in favor of "projected" rents.

But as a LL I'm basically turning over my property for someone else to run as a hotel.

However, I've never done any BRRRR in the country, and I'm planning to talk to a few local banks about it to see if they're open.Has any of you guys run a BRRRR project here?

If you learn how to use basic searches online, you can find answers to anything you need.