Re rent roll, obtain copies of the executed leases and validate collection via bank statements and tax returns. 

There are tax filings and yearly fees associated with them. 

The general investment profile of recent investors are second home or vacation home buyers, typically from out of State or area, and looking to take advantage of the diminishing benefit of the 'STR Loophole' of accelerated depreciation to offset high W-2 wage taxes. 

I like Tahoe Reno, NV market because of the appreciation growth, low taxes, landlord friendly, and constricted supply. 

If you guys could help breakdown the fees involved with the hard money loan, and the refi with the bank, that would help tremendously 🤟🏼

Do you cover the LL legal fees?

At the same time, non-necessary expenses such as entertainment and grooming services are 6% cheaper in Jackson, TN.With the cost of living in Jackson, TN being lower than both the state and national averages, along with housing prices significantly below the U.S average and low property taxes, it's no wonder that many see it as a great spot to invest in Real Estate.

The $100,000 cost of the original structure in 2021 would not be depreciated further because it was demolished.So, for tax purposes, you would only depreciate the cost associated with the new construction, not the original structure that was demolished.

Remember not to accept anything other than cash or hard money if you are assigning a property since conventional, FHA, and VA lenders flag assignment fees.  

- What are your rates (all fees)?