Last part might be a hot take, but that is coming from several long time investors I've spoken too over the years.Hope this helps!

I just saw a video of the gator guy saying he bought a property using Subject To with no money down.

If Yes, send your best 3 offers to the appraiser prior to their arrival.For a reconsideration of value (ROV), I suggest the following:Please review the appraisal for any clerical errors regarding the subject property and comparable sales.

Seems like you're well versed in this subject Kelly.

It is still subject the mortgage rates and business plan to make the investment profitable. 

But if you subdivide it into anything smaller than 5 acres, you may be required to plat the entire project, be subject to council approval and be required to have public meetings about the project.

After reviewing the latest ordinances, reports, and city guidelines, here’s a summary of my findings as of 11/18/2024:Key FindingsPermit Types and Fees:Type 1 (Owner-Occupied): $300 for 3 years.Type 2 (Non-Owner-Occupied): $450 for 3 years.Density caps apply to Type 2 permits (12.5% of block face).Enforcement:3 violations in 3 years lead to permit revocation.Fines up to $500/day for violations.Hotel Occupancy Tax (HOT):City: 9%, County: 1.75%, State: 6%.Platforms like Airbnb and VRBO will remit directly to the city starting Feb 2025.Platform Obligations:STRs must have valid permits; unpermitted properties will be removed by platforms like Airbnb.Special Exceptions for Density Limits:Require approval by the Board of Adjustment (BOA).Zip Code BreakdownI focused on these 11 zip codes:Under San Antonio Rules:78205, 78204, 78215, 78210, 78212, 78245, 78258Independent Municipalities (Separate Rules):Alamo Heights (78209)Leon Valley (78238)Helotes (78023)Next Steps:Research density caps and zoning in specific zip codes.Dive into independent municipality rules for Alamo Heights, Leon Valley, and Helotes.Evaluate market maturity and income potential using tools like AirDNA.If anyone has experience operating STRs in San Antonio or these specific zip codes, I’d love to hear your insights, especially about density limits, enforcement trends, or community sentiment.Thanks in advance!

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

Hi Hunter.Hopefully I have some good answers for you regarding our doctor program.Employment start date must be with 90 days of loan closing.Min Fico 720Max DTI of 43% 6 months reserves on subject property and the other properties you own.5% down on $400k to 1.5M10% down on 1.5M to 2MWill be an ARMNo mortgage insuranceSFR, Condo, Townhome, PUDs only no MultiunitsLet me know if you have any other questions!

Leverage in an IRA will produce Unrelated Debt Financed Income (UDFI), subject to Unrelated Business Income Tax (UBIT).There are plenty of investment options to deploy your IRA funds, but again, using your IRA in connection with this transaction will disqualify your IRA.