You need to keep a detailed time log as your audit defense since many investors don’t maintain proper records.

I asked her where the higher cost was coming from, and she left it vague and said it was time and materials based.I asked her via text if I switched to self pay, if I could bill my insurance on my own later, and she said “We would wait to submit to insurance on the proper software - it won’t be broken out the way they prefer,” which strikes me as strange since it seems like the insurance and I should get pretty similar information or invoice breakdowns.

If it's truly been bust since end of 2022, let's seen audit of the books.

I'm aware that local banks and credit unions tend to be easier with creative lending, but large banking institutions tend to have more ease of access and tend to have user-friendly software.

It’s a strong strategy but also full of pitfalls, so you need your CPA’s guidance on what hours count toward participation and how to stay compliant, especially in case of an audit.

With REPS audits increasing, the safest route is to work with a CPA.

Any softwares?

To address this: Audit Expenses: Drill down into each expense category per property.

We can start with permitting - between software upgrades / changes - reviewers that have rejected plans because of a slope in a shower on a mastered plan, the sheer volume of builds the city has been dealing with - it's been taking much longer than anticipated. 

What software are they using for both the gate and management system?