The bottom line for me really is if someone wants or needs to leave early it is generally best to let them go so I don’t feel the 1 year term offered as much security as it seems on the surface. 

Surface to be kept in good condition - no paint, no oil leaks, who is responsible for any snow removal or other weather issues.Unpaid parking is considered unpaid rent, if your local landlord-tenant laws allow it.How to handle unauthorized parking by others (call tow company direct, go through you, in our area it is more difficult to have vehicles towed than it should be).

They’re not the most exciting read, but I’ve caught early signs of zoning changes and policy shifts that could impact operations down the line.Market Tools (Rentometer, AirDNA): I don’t rely on any one tool, but using them in combination helps create a baseline for rent comps, particularly when weighing LTR potential against STR or MTR models.Local Investor Conversations: Whether it’s chats here on BP or catching up with other Phoenix-area investors over coffee, these casual conversations often surface key info—like permitting updates or changes in code enforcement—that’s not always widely published.Refining Internal Processes: I’ve been reviewing and tightening up our PM workflows—everything from tenant communication to maintenance tracking and lease renewals.

I think people are looking for more meat at the conferences rather than just skimming the surface for several topics. 

Intent has a long history through the courts and isn’t the most definitive and requires careful analysis but in this situation, on the surface, intent seems rather clear.Further, the code and regulations are clear that even with an option or contract it looks through the contract and looks at what the property would be if the taxpayer actually acquired it, that is, inventory in this case (ie not capital asset) so no preferential tax rate.In other words, I can’t see in your webinar scenario even if held longer than a year how it would qualify for preferential long-term rates given the facts.

.:   Well, you and Brian also operate in an honorable fashion.

On the surface it looks great.

There is a loss of a promised income stream with zero communications with investors, there is a pattern of non payment across at least seven DST's, there is a 53 million dollar lawsuit against the sponsor for fraud, and I am just scratching the surface!

And due to my career, I have good contractor contacts that can help get any necessary renovations or repairs done in very timely fashion.

I underwrite cap rate expansion unless we touch all surfaces for renovation or place a credit tenant.