@Shivani Brijmohan, while I cannot speak to NY, I will say in general:You should know how the property will be reassessed when you buy the property.  

Some of the fluff is enormously helpful.

This is a great place to learn and to connect with people so take advantage of all the great resources.

There is so much nuance to these strategies.Another question popped up since my closing date is looking like it might get pushed back... what happens if the investor is not able to meet the material participation requirement by the end of the year? 

I think that most of the deals that pencil this way are going to be fought over by the local investors. 

Welcome to the show, Marie.

Hi BiggerPockets Community,I’m heading to The National Due Diligence Convention in Houston this weekend.  

The key is going to be showing the long term gains, since they won't see any returns for 1-2 years. 

Welcome to the BiggerPockets community, Elimar!

Key takeaways from the Southeast Build-To-Rent Summit today held by Bisnow1) Peter Michaels - BTR Rental Premiums Compared to Garden-Style Multifamily:- Townhome BTR: 10% rental premium- Single-Family Attached: 15% rental premium- Single-Family Detached: 30% rental premium 2) Kimberly Byrum - Average age for first time homebuyers today is 35.