.- Stay Persistent: As you mentioned, not every deal will work out. keep learning from each experience.- Balance Learning and Doing: While it's great to learn, make sure you're also taking action.

Tax benefits can help make a better business deal, but a bad business deal is hardly ever going to break even just because of tax benefits.The other big consideration you should have, in order to actually benefit from real estate fueled losses or credits, it will require a substantial investment of time - either to get over the material participation thresholds for short term rentals, or to get over the real estate professional thresholds for mid term /  traditional rentals. 

Also with a BRRR as an exit strategy you might be leaving significant money into the deal. 

All institutional lenders, DSCR, conventional and government send out disclosures that are very clear regarding the length of time and the percentages of the prepayment penalties. 

Would love to connect with any aspiring NWI Investors and help you get a deal.

As you now know with the review, guest experience is a big deal right now!

The lack of a second bathroom may be a deal breaker for some buyers and therefore, result in appeal differences. this may be especially true in 2 story houses, where you have to go to a different level to get to the bathroom.

Until then, your state and local government will affect your property ten thousand times more than climate change, probably more.

I never really run an analysis on these type of deals and wanted to get some help before I started talking numbers.

I'm in the process of signing a wholesale deal but I ran into a roadblock.