I gave it a few days as my client said he was busy traveling and was examining another quote from a different lender.

Its nerve wracking speaking with a financial advisor since growing up we never had anything of value and those talks are "only for people with money"....

However, I would like to hear if there is any person who can attest to the fact of an examination by IRS of any taxpayer anywhere on the subject of STR documentation.

That mix of nerves and excitement is totally normal, means you're pushing into something that matters.

There're tax consequences, and they have to be examined if the property has indeed been transferred. 3.

It was going well until his partner simultaneously screwed him over and ran off with 5 figures in equipment, and my tenant also severed a nerve in his left arm so he can't do the work anymore.

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.

Examine the condition of the apartment, Google the tenants and make sure you have scans of the last six months of rent payments. 

If you examine Collin County, you will see that value is down.

Nerves are normal on your first flip; control what you can.