This approach allowed us to proceed quickly and efficiently, ensuring the project stayed on track.

It is a practical way to dip your toes into real estate by using your primary residence to generate rental income.Meanwhile, for the patient investor, the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is an incredibly effective method over time, allowing you to steadily build wealth through real estate.Both methods have served me well in navigating the Tampa market, and I would be happy to share more insights or connect with you if you're interested.Best regards,Jorge

The current seller has done a complete rehab on the property and is now selling it vacant.My question is: Am I allowed to rent out the units at market value given that the property was previously under rent control?

The LLC buys/owns/operates the business of the apartment building located at 123 Banana St.

-- can this be altered if a business pays the premium? 

X we don't allow smoking next to the front door sir -- I'll need to have you move out to the curb when you smoke -- thank you (with a smile).

Instead, as Allen mentioned, I would hire a VA to handle tasks.You’ll need to define your process for setting rent, communicating with tenants, etc. to train that VA but my VA(s) ran my cohosting business of 30+ properties.

Hope your business is still doing great though Dan!

This allows cost basis to be raised before selling, maximizing tax benefits to the seller/his estate.

I believe showing the breakdown infuriates people, but the breakdown is the most honest, clear and transparent way of doing business.