I pay about $2500 a year for each of my partnership returns with my CPA regardless of whether it’s a $1M deal or a $5M deal.I would save the partnership conversation for if and when you are doing much bigger deals.

Also curious what terms you usually aim for (down, balloon, interest-only vs amortized) and how you approach the seller conversation. 

(Obviously, positioning it as a "room for rent" will come with a lower price tag since folks would be expecting a private room, not a private unit.)Eventually we will pursue full conversion of the rec room into its own unit through SB9, but that will take quite a bit more time and money.

Evan,We literally start each conversation with… We try to help every homeowner we talk to whether we purchase their house or not.

Some conversations suck, so have them while keeping in mind you have no idea what the other person might be going through.

Don't take a local realtor or Property Managers word for it unless you can have an informed conversation with them about how they came up with those projections. 

Let’s definitely keep the conversation going, I'll connect with you now.

Quote from @Brett Henricks: So let me join some of this conversation on the Post.

Once you win, you have to figure out how to collect.Mold problems are hard to prove.Spend the $400 and have a conversation with a local attorney to see what your options are.

There’s a difference between sharing valuable information and actively promoting services, which I haven’t done in this conversation”BS detector is going off full blast.