Understanding how to source and underwrite deals is essential to BRRRR properly.

How hard would it be to put in a proper sized window?

Has anyone invested with ExchangeRight as I know they are not one of the bigger sponsors but their fees are the lowest from what we can see and its our understanding they get paid based on performance which keeps them motivated to manage properly.

Looks to me like the issue is the butt joints were not spaced out properly.

I think will help us (and hopefully some others) when it comes to properly pricing this service. 

The areas probed still seemed solid, but be aware that some types of wood destroying fungal damage will only be detectable once the wood has properly dried out.

First, unfortunately many CPAs are not interpreting the Regs to IRC 469 properly and some are even defaulting STR to Sch C and SE tax without regard.

Yes, I was very fortunate I was properly and like some folks make fun of me for-- over insured.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

By year 10, you’ll have a combination of growing cash flow, appreciation, and equity that could boost your wealth by several hundred thousand dollars.Consistent investing and proper management can lead to solid passive income and long-term wealth.