The trickier part is figuring out how they calculate the new assessed value, since some counties use complex formulas.

Generally speaking, moving towards the 'safe' end of the spectrum adds cost, complexity, and/or hassle.

The complexity and lack of control just aren't worth the tiny fee you might get.If you are committed to the initial hustle of finding deals, you have two better options:Go All In on Wholesaling: Control the whole process, secure the contract, and get paid for your work.Focus on D2D (Door-to-Door): If you want to bird dog, do it intensely in a local market, build relationships face-to-face, and generate instant value for a trusted, local investor.I wasted months trying to do a hybrid model that gave me all the work and none of the reward.

When considering an addition, the cost per square foot can vary based on several factors such as the quality of materials, design complexity, and labor costs.

Hi @Margaret Connor, congrats on winning the lien..tax lien investing can be rewarding but definitely comes with complexities.

NOVEL’s 318-unit complex leads the first wave of construction (Axios).Eastland Park: Set to break ground in spring 2025, this park (with dog-park, skate and spray-ground amenities) redevelops the old Eastland Mall site and will attract new residents and businesses when complete by late 2026 (Axios).Uptown Revitalizations: Large projects like the Brooklyn & Church block investment (retail + residential) signal renewed activity, despite some delays in nearby Brooklyn Village (Axios).Gaston County (ZIP 28012)Population Context: Gaston County's estimated population in 2024 stands at ~242,000, up from ~228,000 in 2020 Belmont (28012) will be a short drive from the upcoming River District and is also known for its historical southern charm in the Downtown Area!

It is highly recommended to consult with a legal and tax professional before proceeding.Pros of deeding your STR to an LLC     - Liability protection     - Asset Protection     - Separation of Finances     - Tax Flexibility     - Enhanced Credibility     - Privacy and anonymity     - Easier ownership transfer     - Simplified estate planningCons of deeding your STR to an LLC     - "Due-on-sale" clause     - Increased costs and administration     - Potential tax consequences     - Need for separate finances     - Loss of homestead exemptionGiven the complexities involved, especially with potential lender issues ("Due-on-sale" clause), tax consequences, and the necessity of maintaining corporate formalities, it's highly advisable to consult with an attorney and a tax professional before making the transfer.

In many cases, having these protections in place also strengthens your position during negotiations or legal disputes, often resulting in more favorable outcomes.To navigate these complexities effectively, I highly recommend assembling a trusted team of qualified professionals.

My team and I could probably build something like this, depending on how complex you want it, it may not costs much.

You have to look at their knowledge and experience particularly with real estate investment properties, which is oftentimes more complex than other businesses.