Little emphasis is placed on off-market deals or alternative acquisition strategies like contract assignments.

I had a contractor, and a plumber come to look at the room, and their quote on the work was $9600, not including materials.

Vetting a General Contractor for Cosmetic UpdatesVerify licensing (Maryland MHIC) and insurance—search the state’s public lookup.Walk through an active job site (not just finished photos) to see how they manage dust control, material storage, and crew organization.Start small.

This kind of thing happens.Ned, Callie has mentioned a couple times that he has construction materials at the house, which makes it seem like he Callie was the seller, not the buyer.

Housing Market Has Nearly 500,000 More Sellers Than Buyers--the Most on Record — Redfin <---People think providing alternative solutions to sellers is "weird."

The take away is that for ultra luxury STR operators there are not many comparable services (at least on the northern CA and total OR coasts) that will drive as much occupancy, revenue or performance as I've seen them consistently provide.Yes - the properties that they manage are truly exceptional experiences and it is difficult to gauge how well they might perform with alternative management but their reviews and reputation speak for themselves.I'd say on average Wander managed homes produce nearly 35-50% more revenue than a comparable offering.

Alternatively I have RSUs I could leverage which would significantly boost the DP amount.

I'm a GC as well and #1 thing to do is not underbid, you have to cover labor, materials and company overhead in your bid, and underbidding to win a job will cause you to go bankrupt.

How do we take benefit of STR tax code considering material participation of 500 hrs on each property?

If you add alternative lodging like cabins or tiny homes, you may need additional licenses or fall under different STR (short-term rental) regulations.