Just looking to get to know some people in the area and understand the market a bit!

It's all about analyzing the financials and understanding the numbers of a property.

So I understand the internals and GAAP.Recently we replace Quickbooks and Xero altogether.

If it doesn't work out, we will demo as early as 2026.I don't understand how the demolition loss factors in - either this year or next year - I just know we need some tax write-offs this year!

Quote from @John McDonald: Hello Rick, I don't think you're understanding the full situation, let me clarify.The property is transferred via deed, I sign a promissory note for a set amount, and record a deed of trust.

One thing I’m trying to fully understand is how the down payment works in practice. 

Looking to understand different perspectives.

Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.

From what I understand, this could make it easier to pick up that 5th, 10th, or even 15th rental without your W-2 being the main factor.Have any of you used this type of loan before?

I do not understand "door disease" or "door syndrome": one hotel, resort, or apartment complex, is better than two hundred separate LTR's agree.