Most hard money/DSCR lenders don't lend in South Dakota, so I can foresee a low closure rate on deals since financing will be difficult to get.

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Specifically, I recommend purchasing a single family house with as little money down as possible, and converting the property to a rent-by-the-room investment.

So I paid a tax pro to do my return, first year was fine, this year she took my money and ghosted me.

to do it right you need a pretty big plot 5 to 10 acres and the cost of said in a great location usually makes them financially not feasable thats why top golf has taken off.. they can spend 50 million on a facility because it generates some pretty good revenue.. never looked at it from that stand point I suspect they are a public company..

And that might require increased furnishings spend.

Through a construction and purchase loan with a hard money lender.

So, when building or buying that could mean bringing considerably more money to put down.

I’ve just accepted it over the years and come to the conclusion that the nominal amount I spend on legitimate business meals is ok to take as a loss.

How can I structure the deal without any money from my pocket.