Quote from @Sean Bozigian: Hi everyone,I’m looking for recommendations for a CPA.My current one is moving into a new role, so I’ll be handed off this coming tax season.

As Jackie mentioned, entry prices there are typically lower, but rental rates often hold steady with what you see in Jacksonville or Orange Park (just across the bridge).

This also gives our clients a great sense of comfort knowing that they will be in good hands. 

Juarez - You're going to have a lot more in holding costs. 

Ward III Really great checklist, completely agree that readiness drives confidence with lenders.A few elements we’ve found helpful to include as well:▪ Sensitivity analysis on DSCRJust a quick look at how the deal holds up under different rate or OpEx scenarios.Shows we’re realistic about what’s changing in the market.▪ Institutional OpEx benchmarksA one-liner that ties expenses to actual operator averages helps align expectations early.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

Here's what I tell my investor clients: Buy and hold is a long term strategy.

Just want to true hands on input, if you have sometime this evening or after the holiday weekend.Thank you in advance!

Note in most areas the ADU adds less value than the hands off cost of the ADU addition, implying no real cash flow until this negative position is recovered.  

Just like buy and hold an SFR  is vastly different than syndicating a 200 unit apartment. 

We have done a lot of buy and holds.