I also wager that you’ve never had a situation where there’s too much month left at the end of the money. 

.▪ Brief risk/mitigation bulletsDoesn’t need to be heavy, just shows we’ve already thought through the downside.Those couple of additions have made conversations with lenders much more efficient on our end, especially when moving from preliminary interest to real underwriting.Appreciate you sharing this, would definitely like to take a look at your full checklist PDF as well.

.* Try to do a preliminary walkthrough prior to them moving out so if they want to fix/patch anything prior to the final move out, they can.Lessons learned and thanks for the advice all.

I'd take the rental application, then I'd do a quick preliminary check at the county websites.

Rates, occupancy, design, location still matter.Action Items This WeekReach out to 2 cost segregation firms and ask for a preliminary estimate for STR properties in your state.Add a line in your next deal underwriting model: “Tax savings from cost segregation” and test a conservative number.Review your current property management logs: are you tracking your hours/material participation?

No, the successful investments were the “no brainers”, upon preliminary analysis they were “obvious” great deals that stood out from the thousands of other opportunities on offer at any one time.  

I've drawn $2.3M of the loan for a portion of the acquisition. site clearing and preliminary site work/retaining walls.  

Then submit preliminary plat application.  

She says she remodeled her kitchen a long time ago but never got a permit from the city and there is no way the city would know. besides, based on my preliminary research, remodeling a kitchen doesn't cause a reassessment anyway. 

Normally, this is the time of year when prospective new investors are in acquisition mode and asking all of the preliminary questions.