We have one underway in GA and  our flip is in process already and we do not have sufficient insurance in place.So: I have three questions - 1) short term, what types (e.g. build/hazard etc.) of insurance for this specific flip should i get in place ASAP?

In the long term I think there is merit to rainer valley but short term its tougher.Shoreline has some ADU allowance but only for owner occupied I believe but you can also get a bit more for your money over there in terms of bedrooms for the $$$.The folks I've worked with tend to like split level homes that can be separated to create that attached ADU or AADU unit below and sufficiently add a DADU or detached ADU in the back (min lot required 3200 sqft in city of seattle).

They also eliminated the self-sufficiency test which was the huge killer for the last handful of years.

The act mentions that the landlord or tenant should give a written notice of at least 30 days for a month to month tenancy though.Is it safe to assume then that 30 days notice is sufficient? 

I'm curious about my eligibility for real estate professional status for tax purposes, given my active involvement in the following ways:I actively manage our one STR and the two LTRs (with plans for cost segregation for all three properties).I handle property management directly, without a property manager.I have already dedicated 750 hours to real estate activities this year.I'm even open to taking the realtor exam if it aids my qualification as a real estate professional.Almost daily (and without fail on weekends), I engage in various real estate tasks: visiting our property or properties, tending to the yard, monitoring and adjusting short-term rental pricing, managing tenant and guest expectations, scheduling cleaning and maintenance, caring for the lawn, and more.My primary question is whether the activities mentioned above are sufficient to qualify me for real estate professional status, or if additional steps are required for eligibility.

The requirements are fairly basic: The land contract must be recorded properly, cash out is typically not allowed, documentation must prove 12 months of on-time payments, and the applicant must meet traditional credit and income guidelines.As for DSCR (Debt-Service Coverage Ratio) loans, they are designed for real estate investors and allow investors to secure financing for their investment properties based on the property’s ability to generate sufficient income to cover the mortgage payments and other debt obligations.

I saw that you were nearby, so I was wondering if you were interested in pooling our funds together along with some other investors who lack sufficient capital to make the best possible investments within this market.

Sellers are holding on to their properties in the hope that interest rates will decrease before their current loan terms expire.Based on the discussion above, it is clear that rent growth over the next 12 months will not have a sufficient impact on property values to offset the current interest rate environment.

I know this is a hard time to pencil down, but it is a small scope where I believe I have sufficient experience to deliver even if it means I paint and install the drywall myself :) 

“A special thanks goes to Ken Rishel for his dedication and attention to these great seminars.”The 2017 Show also featured a special presentation to Jim Visser, owner and editor of The Journal of Manufactured Housing magazine for his tireless and consistent support for the Show over the years.