All my properties will be LTR I don't care to much for cashflow it would be nice but its highly unlikely in my area .

Look at a bridge lender who understands the asset, not your resumeBridge lenders don’t care that you’re at one year or less of experience.They care about:• the building• the rents• the exit• your liquidityIf the numbers work, they’ll close fast, sometimes in 10–14 days.Rates won’t be pretty, but they’ll save the deal.

> Would anyone care to share relevant experience with bed-and-breakfasts?

Nobody is going to take care of your property as well as you will as the owner. 

People buying need to keep in mind the target audience a lot of young nurses in health care are not going to want to stay in the highest crime rate area of the city so pick carefully for the group you are targeting.

Hi @Melinda Eilts, I’ve seen that work well when structured carefully, private money for flexibility and a short-term loan to bridge timing or rehab costs.

Over the years, I’ve noticed something interesting working with investors:The biggest tax mistakes usually don’t come from shady strategies or bad CPAs…They come from poor recordkeeping and timing.Here’s what I mean A lot of investors don’t track which expenses are repairs (deduct now) and which are improvements (depreciate later).They toss all the receipts into a box or an app and hope it sorts itself out in March.Then when tax season hits, they realize half of those costs could’ve been handled differently — maybe deducted sooner or even structured better if they’d planned a few months ahead.The IRS doesn’t just care what you spent… it cares how you report it.

Direct lenders don't care if your deal closes or not..

Systems don’t care. 

Staffing, care levels, service quality, food programs, compliance, medical oversight — one slip in operations can take a deal from profitable to underwater quickly.