I do think it's important, but only when you have a lot of potential leads coming in.

Houston is a little expensive, especially when combined with current rates but there are some BRRRR deals that can work with decent ARVs...just as a quick example, here's a ranked list of properties by BRRRR in Houston - there's a few that potentially make sense but not a huge amount of choice.

.#4) Vetting potential members Padsplit present potential members.

Maybe this person is willing to do a master lease potentially with option to buy (no, I wouldn’t but that’s me).  

@Laura Winegardneri think it will probably be difficult to find a lender that would take into account 'potential' STR income... but even if they did, yes, i think that would be risky. 

When it comes to the value of the property, it is essential to think about your market and potential renters.

I’m now going to share them with you to help you assess and compare the offerings from the different developers.1.

I am starting from ground zero, with no prior background or capital to invest, but with a strong desire to create passive income for my family.I currently work as a middle school teacher in California, and while I love my profession, I have a strong desire to explore avenues that could potentially provide financial stability and additional income streams.

@Jason F.I think it will be business as usual or possibly even more sellers will use agents because they can potentially avoid paying the buyers agent…It’s not like Fsbo makes up a large portion anyways.

Hi everyone,There are couple of ways to value the price of land in depreciation, such as the 80/20 (20% to land) and Using Property Tax assessor's values, or getting an assessment of recently sold lots in the area.I was discussing this with one of the CPAs, and he shared that if the cost of building the house is more than the purchase price, then the land is essentially of no value.