@Margot BaldwinThey may be at a stage of their business where they are only working with larger/more established investors/businesses.You can still get some value even if you don't use them for the tax return.They can provide you the framework of additional items that may be deductible that you didn't think about before.Amanda Han, a partner at Keystone, wrote a tax book for real estate investors a couple years ago. 

I don’t disagree with the math, and I think your framework is directionally correct when the goal is maximizing returns on deployed capital.Where I think we may be talking past each other is that I’m not making the case that unleveraged real estate outperforms the S&P on a pure return basis.

The city recently moved toward a more flexible zoning framework that allows ADUs by right in far more residential zones than before, removes many of the parking and owner-occupancy requirements that used to be barriers, and generally simplifies the approval path so homeowners don’t have to go through multiple layers of variances and hearings.

Paraguay advances bitcoin legal framework. 

It is normal to admit to the alienation you may feel to the dynamic and changing marketplace especially if you have spent decades mastering older more traditional frameworks which are no longer relevant.

What would framework of that agreement look like?

Having experience on the lending side, exposure to crowdfunding, and even brief hands on property management gives you a solid framework, even if you have not yet owned a deal directly.Your instinct about time constraints is an important one.

Having that framework first makes everything else (neighborhoods, properties, etc.) much easier to evaluate and execute successfully.Once you have that in place, everything else falls into place more smoothly, and you can make confident decisions as you take your first real steps in Tampa.Best of luck to you!

That determines 90 percent of the play here.Here’s the step-by-step framework I use when evaluating these in-between parcels:1.

The same framework applies when comparing 15-year versus 30-year loans.