No boot or mortgages involved at all, so pretty straightforward.Form 8824 (Like Kind Exchanges) was pretty simple to understand and easy to complete, and it reflected $0 recognized (taxable) gain, just as I would have expected.

The role isn’t to manage vendors—it’s to prevent non-compliant work from reaching you.A proper gatekeeper function does a few things reliably:Confirms the caller is an approved vendorVerifies insurance, scope, and access instructionsEnsures required info is on file before work beginsRoutes true exceptions instead of every questionOnce vendor calls were filtered and handled against predefined rules:Fewer “urgent” calls that weren’t urgentLess rescheduling due to missing paperworkVendors showed up more preparedMy involvement dropped to edge cases onlyThe biggest benefit wasn’t speed—it was predictability.

Interested in connecting with other professionals, those involved in property sourcing, and potential partners to explore investment opportunities.Proven Track Record: In 2015, I strategically acquired a commercial corner lot to house my operations.

Sounds like some really flexible programs.

This is important as it will open up better programs that have shorter seasoning (waiting) periods between loans and potentially better rates and program guidelines.

Get your local police and state attorney general involved. 

First, basic accessibility is not sufficient on its own to exceed unit numbers in RT-3.5 zoning and an ADU is still subject to density restrictions unless your city has its own ADU ordinance or pilot program in effect on your lot.

I’m interested in hearing directly from investors who have participated in turnkey programs and are far enough along to reflect on actual performance.Specifically, I’d like to hear from investors where all of the following apply:Property owned for 3+ yearsProperty has gone through at least one tenant turnoverOwner is out of stateDay-to-day operations handled entirely by third-party property management and vendorsUnder those circumstances, how has the investment performed relative to your original expectations:UnderperformingMeeting expectationsOverperformingIf you’re willing to share, it would also be helpful to hear:How closely actual maintenance and capital expenses tracked underwritingAny lessons learned that weren’t obvious at the time of purchaseThanks in advance.

Direct equity exposures: Typically involve custom entity structures (LLCs or partnerships) to hold individual private company interests — requiring rigorous compliance and valuation processes.

I’d recommend getting involved in some local real estate meetups to build your buyers list.