Generally it would be "capitalized", i.e. set up for slow depreciation which does not benefit you in a 1031 scenario.

I work with Neu Real Estate Group, where we specialize in new construction multi-family units, and we’d be happy to share insights if you’re interested.Feel free to reach out if you have any more questions or if you'd like to discuss your investment strategy further.

I like the concept of BRRR and the way that can help scale faster.I have been prepping and learning on the real state side of thinks for 9 months, Books, seminars, workshops you name it!

Best of Luck.https://www.ripoffreport.com/reports/live-and-invest-overseas-lief-simon-and-kathleen-peddicord/live-and-invest-overseas-lief-simon-and-kathleen-peddicord-recommended-real-estate-inves-1515549"Lief Simon and Kathleen Peddicord give advice regarding other countries to invest in.

But it's important to note that rental and retail figures are still ahead of 2019 levels.On the real estate front, prices are holding steady, though we’re seeing an increase in inventory.

Basically AirDNA makes my thesis and I prove it against real time available data on those sites.I am not an expert in Destin but Tampa area is a similar beach market and small condo's struggle as you are competing with hotels to an extent. 

To stay on track, I suggest having a detailed project timeline and regularly checking in with your team to keep everyone aligned.The real estate market can change quickly, impacting your projected sale price.

For those of you that setup a revocable living trust with your spouse/partner for your real estate LLCs and other assets such as bank accounts, did you setup a single revocable trust or separate trusts?

Hello all legal experts,If someone owns multiple real estate properties and each of those properties are in their own LLCs, then ownership by children or another family member is the question.If original owner passes away, then their children may not be able to operate them. 

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.