A trip isn’t necessary since everything can be done via phone, email, and e-signatures.

Quote from @Sebastian E.: I have been following the foreclosures in my market pretty closely the last few months and I am seeing increasingly more foreclosures from loans originated in '21-'22.

If E has any priority over B, for instance, I would not invest in this structure, given that my bank account puts me at a Class B share (side note, their Class B is a little more GP friendly on the surface, than other groups, but devil is in the detail).  

You can still get the same tax benefits (including cost segregation, bonus depreciation, etc.) even if the property is titled in your personal name, as long as you're reporting it on Schedule E or through a properly structured pass-through entity.Transferring to an LLC after closing can technically trigger the due-on-sale clause.Brian Kiczula | CostSegRxCost Segregation Specialist | Free Analysis

We came across a potential deal and would love feedback from the community.Here’s our situation:We have funds for the down payment and a modest rehab budget.We’re conservative with our reserves—we want to make sure our short-term rental is always backed by a cushion in case of regulatory or demand changes.Our goal is to build long-term cash flow and gradually grow our portfolio.Here’s the deal we’re looking at:2077 E Boatfield Ave, Burton, MI 48529 – Zillow ListingWe’d love your input on:Whether this looks like a solid deal for someone at our stageWhat questions we should be asking or what to look out forIf you’re familiar with this market—are our rent and cash flow assumptions realistic?

The first step is to acknowledge this and give this fact weight in your calculus going forward. 

I,e. most people think it is a surefire win, and while it can certainly be, it is definitely trading some risks (the concentration of putting all eggs in a single basket in any HCL location), with the risks of not knowing almost anything about the area you are investing in.  

They ha e a program where they send you leads of vacant homes and send you leads for cash buyers that allows you to get into wholesaling quickly.

The burnout from hands-on management is real, especially when you feel the weight of maintaining something you’ve poured yourself into.

So, something like this: 309 E Main St, Pekin, IN 47165?