It all depends on the work you/your clients want to do to create value and the overall game plan.

I am not very familiar. several thousand acre cattle ranch at todays dollars depending on location will be in the multi millions..

That said, depending on your business, you can definitely get creative with tax deductions for your RV or boat.One thought—it’s too bad you’re not considering the RV as your primary residence.

@Dan Deppen owns a company that does the underwriting.Once its underwritten then you also must make sure you use a third party licensed servicer to follow fdcpa requirements and consumer protection laws.Lastly, depending on the state you are in, you may need a lender license or servicing license in order to orginate loans.

I have great lenders and property managers I can refer you to.In Cleveland, it all depends on what your goal is.

Depending on the lender (bank or alt. lender) you have to look at origination fees....points, doc prep, interest rate, frequency draws are allowed/min. draw amount allowed per request, interest payments vs. interest reserve & whether interest reserve is capitalized to fully understand the true cash requirements.

Depending on how far values decline is the difference between a partial loss and total loss. in essence its the same position of those who make second loans behind the first or third position when pref goes in front of you..

I have a couple STR investors do this here in the winter months depending on the events coming to town

For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.

For example, an ADU is nice for a rental, but not every home buyer wants to pay a premium for an ADU on their property.This would be case by case and property dependent.