Always want to surround yourself with some people that will challenge you to answer questions and get better.

"The owner said ok to see outside", and out of courtesy, you just wanted to let them know you'll be looking around.Meet them like that and you'll have a better idea of what they are really like. 

Biggest lessons: plan for delays, control scope creep, and get ahead of OZ compliance.

Syndications under Reg D 506 B while allowing for 35 “sophisticated” investors, most prudent sponsors will define sophisticated as someone who is an attorney, accountant, or investment professional.  

But if they’re just filing, shop around, you can find better value.Congrats on your first property and good luck with your STR journey!

The taxpayer is defined as the tax return that reports the activity of the property.

Therefore there I will not be able to build a scope of work and get accurate pricing under after I own the unit.

BUT, this is going to take a lot of time and effort on your part.So then your decision is which is better for your situation.

I have a solid budget and general idea of scope, but I’m trying to put it to paper as there will be a lot of walls moving, adding rooms, etc. 

Market ContextSeller’s Market: In hot markets with low inventory, staged homes still outperform due to better first impressions and higher perceived value, though non-staged homes may sell under high demand.blog.remax.caBuyer’s Market: Staging is critical to stand out, as competition is higher, and buyers have more options.blog.remax.caNon-Staged Homes: More likely to face challenges in competitive markets, with longer DOM and lower offers due to reduced appeal.kmmrealty.comAnalysis and InsightsWhy Staging Works:Emotional Appeal: Staging creates a “move-in ready” and aspirational atmosphere, helping buyers form an emotional connection, which is critical as 90% of buyers struggle to visualize empty or cluttered spaces.robinrealtygroup.comHighlighting Features: Staging showcases a home’s strengths (e.g., spacious living rooms, modern kitchens) and minimizes flaws, increasing perceived value.kmmrealty.comOnline Presence: In a digital-first market, staged homes with professional photos attract more views and showings, critical for initial buyer engagement.vanderblue.comCost vs.