ROI can vary, but some parking lots have great returns with minimal upkeep—just be sure to research zoning laws, demand, and operational costs before diving in.Good luck with your decision, and feel free to reach out if you want to chat more about any of these options! 

Note that legal and transfer costs are not deductible but can be added to your cost basis.

There's no cost to use, and currently $25 fee for applicants. 

Every task must be completed diligently and on time.If you wing it, you're gonna miss something, you're gonna mess something up.So, be proactive, stay organized, and keep your power team aligned to ensure a successful closing.

Co-living will be necessary due to housing cost. 

Your ability to accurately estimate costs and efficiently manage renovations makes you an extremely valuable partner in any deal.

I do understand all recent syndications are struggling with costs and tenants struggling to pay, so trying to be patient for now.

The instruments needed for the transaction will be state specific which means you should have someone from California chime in with resources who can provide low cost documents (as these will be boiler plate).

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.