I have little confidence in what a homeowners policy /w STR rider will cover, because no other insurer I've talked to is okay with this for an (essentially) full-time STR operation. 

Essentially a land flipper is actively seeking out properties to buy for a bargain and then aggressively marketing the piece of property to turn a profit.The flipped land can be sold for cash, but more commonly, flippers make money by offering the buyer financing and allowing them to pay the land off over a set period of time, with interest.

It’s essential to do thorough due diligence and be ready for potential renovation costs.Starting in California makes sense since you’re local, making it easier to manage your first property.

With this strategy you could be out of pocket $10K or less per deal and essentially scale at a comfortable rate without over leveraging.

It’s a scenario many real estate investors find themself navigating when balancing capital gains from property sales and K1 losses.Based on what you’ve described, it’s essential to understand the relationship between passive and active income.

I've looked at like 500 plots of land and made about 40 LOIs, most of what we targeted was land owner contributed to the development and underpriced land identification that we can get at least a 5x value bump on entitlement. the numbers are much higher in columbus where the downtown district in 43215 isn't bought out like Brickell or Edgewater. we can justify any land cost by just going more vertical. columbus is untapped with less than 1000 units proposed per year it's unbelievably open with 50,000 units behind and very high absorption. 

I really like the IL Medical district area for MTRs and have looked there for myself in the past too. 

Costco will anchor the project, providing essential retail services and creating 400 jobs.

. $50k at 18% per annum, for 2 months (essentially $1,500 in interest for 2 months of lending).

IREM President Libby Ekre, CPM, shares five essential things to look for:Licenses & Certifications – Ensure the firm has certifications like CPM or ARM, guaranteeing adherence to industry standards.Regional Experience – Local market knowledge is crucial, especially for properties in smaller cities.Property Type Expertise – Match the company’s strengths with your specific property type for better management.Company Culture – Look for a firm that values customer service and team management.