I work with STR property management companies and regular property management companies and never heard of either types of management companies setting up a triple net lease with an investor for a 1-4 unit property.

I secure opportunities suited for fix-and-flip or rental investors and assign my interest.

I secure opportunities suited for fix-and-flip or rental investors and assign my interest.

A "premium" absentee owner list and a regular absentee owner list are pulling from the same county records.

I'd love advice on how to secure the loan for the initial purchase and rehab, and the overall process behind it—especially since my first deal was straightforward with W-2 income.

Unless she has a US Social Security Number, the credit bureaus won't have her info to pull a report with.

The IRS Pub 587 quote about "extensive remodeling" making everything an improvement is exactly why you want a clear paper trail showing the appliances were purchased and installed independently — not as part of the renovation contract.Also worth noting for anyone in a similar situation: if you're doing BRRRR or value-add deals regularly, having your CPA set up a capitalization policy (the de minimis safe harbor election) at the start of each tax year saves a lot of back-and-forth later.

Lease-options can work, but they need to be structured carefully — especially in Florida.A few things to be aware of:First, a lease-option isn’t just a “regular lease with a handshake.”

Brittany, welcome to the BP community and congratulations on securing your first LTR.

They have three master checking accounts: the first.is for Security Deposits.