Spinning up a new LLC for each flip usually adds cost and complexity without changing the tax outcome.Where the tax strategy does shift is when you start mixing activities.

Having a fence is a great safety feature and it will attract more bookings.

I don't always think that a Special Assessment means the condo is managed poorly- so many condos got hit with crazy insurance increases as you know, that led to Special Assessments for many complexes.  

Light-to-mid rehabs are generating stronger, more predictable returns because they minimize timeline risk, reduce exposure to permitting delays, and align with the features retail buyers are prioritizing.

PropStream + Google Sheet is the simplest, leanest path.You get solid data, skip tracing built in, and you’re not overpaying for features you won’t use yet.

I’m especially interested in hearing:• What made a support team truly valuable to your business• The things that frustrated you or slowed you down• What you wish agencies or VAs understood better about investors• Any features, reporting, systems, or communication styles that would make the experience 10x better• What’s missing in the market right nowI talk to a lot of investors, and everyone seems to have a different experience — some great, some not so great — so I’d love to hear directly from the community here.No selling here, just trying to learn from people actually doing deals and understand what matters most to you when it comes to operational support.Looking forward to hearing your insights!  

There are actually large builders developing entire complexes geared to shared common areas, but private rooms, and of course just shared homes like the Golden Girls. 

To add additional complexities, if the property owner doesn't have a rental license, then it can become a real messy situation for both landlord and tenant.

As a newbie start with the easy stuff before trying to tackle the most complex is my recommendation

***Clear scope of work (SOW) and contingency planI build a detailed SOW upfront, and I include a contingency budget—usually 10% on turnkey homes, up to 20% on older or more complex flips.