I come from the debt side of the multifamily business.

Your friend may be able to claim interest paid on the underlying loan as a business expense.

Again, that's all fine and good but the numbers have to work which is why I was hoping to speak to someone with first hand knowledge of owning a property or properties in the town without an axe to grind like the Seabrook sales people.On the issue of negative STR regulations roughly half the houses in the town are in their rental program currently so I don't see that as an issue in the future as an investor as it's baked into the town's business model and not likely to change.

New loans, unless you’re already doing business and have deposits with them, they are passing on new loans.  5.  

Just watching how he took no blame for burning 100s of investors out of millions of dollars then running.. .I cant see how he could earn anyones business. 

It certainly is more than SF Bay Area, but is not anywhere near the 1% model.The last property I purchased was in Nov 2021 and my model, which is very conservative, showed about a 1% CoC with 75% LTV on a 30 year fixed at 2.75%. 

Hi Dane,We work with Section 8 in Jacksonville quite a bit with our property management business.

He is a CPA in Cincinnati, although since it is still busy season for him he might not be freed up for a few months.

Hey @Tyler Todhunter,I too was an avid Mint user and because of the nature of my business needed to find a Mint replacement for not only myself but for clients. 

I deal with development opportunities where I can and synergies between local businesses.Then I have my operations manager who handles most of the day-to-day management of the properties, and they manage some of our contractors and managers.Our model is a little different than large parks because we have regional managers that cover multiple communities vs a single one.The pain point right now is mainly having consistently qualified contractors and filling vacant spaces as quickly as we can.