This includes thorough physical inspections by qualified professionals.

Include main drain camera and foundation/roof/mechanicals as needed and environmental for commercial.Step 3.

QBO has everything you need to run a business, including excellent reporting features and integration with other software.

The article also highlights that the overall cost of ownership, including property taxes, homeowners insurance, and routine maintenance, has risen sharply in many parts of the country.

Hi Domynique, great question — and you’re definitely thinking about the right things if you want consistency instead of relying on luck.From what I’ve seen working with investors in Virginia (including Hampton Roads), the people getting the most consistent off-market deals in 2025 usually combine three things:1. 

Look into the property's history, potential repair costs, and any legal issues that might arise.Build a Reliable Team: Having a trustworthy team—including a real estate agent, property manager, contractor, and accountant—can make the investment process smoother and more successful.Remember, every big success starts with a single step.

I plan to obtain my residential builder license as well so we can vertically integrate renovations and construction as we scale.I've been reading through a series of books including: Greene's The BRRRR Trental Property Investment Strategy, Han and Macfarland's Tax Strategy, Turner's Rental Property Investing, and some other LLC strategy guides. 

I know a builder near me able to build at like $140-$150 a sq ft including his fee in the Raleigh area so the numbers can pencil out but yes you need to have a good team behind you.

You’re definitely looking in the right direction, but there are a few tripwires to be aware of.For the STR strategy to work this year, the property has to (1) be placed in service in 2025 (furnished, available and actually listed for rent), (2) qualify as a short-term rental for tax purposes (average stay under 7 days, or under 30 with substantial services), and (3) meet one of the material participation tests (for most W-2 folks that’s usually 100+ hours and no one else, including cleaners/PM, doing more than you). 

Funds were furnished to CALM by investors, including Mike Begovich and Steve Lillie and Karen Haddigan.