For example, McDonald's sells poi in Hawaii and wine in France, adapting to local preferences.In my approach:I chose property types based on what my target segment was renting.

And the ability to adapt is critical: we have seen so many STRs pop up in Milwaukee over the last years, that only the best thrive.Speaking of it: next week at RPA-CON we have a session about STR vs LTR.

To determine if the expense should be classified as a capital improvement or a deductible repair, the context of the expense is very important.An example is, if an item of expenditure is part of a general plan of modernization, renovation or rehabilitation to equipment or other business property, it typically must be capitalized even though on its own it would be currently deductible.According to IRS Code, expenses that you must capitalize are those that:Materially increase valueSubstantially prolong useful life (including replacement of deteriorating assets)Adapt the property to a new or different useHowever, you are allowed to deduct expenses and fees for routine maintenance and repairs that help keep the property in efficient operating condition.

I had been doing multifamily investing for the last 6 years full time,  every day You can learn and always you need to adapt to the market ...Message me we can meet in Doral Luis MFPartners

Keep adapting, keep trying, and keep attacking in every direction.

The city's Climate Action and Adaptation Plan aims to make San Antonio carbon neutral by 2050, with significant progress expected by 2025.

Focus on maintaining flexibility in your financing and deal structure to adapt as the market evolves.Let me kno if you need more specifc recommendations on property types or want to dig deeper into 1031 strategies!

**Listen and Adapt** - **Gauge His Reaction**: Pay attention to the seller's response and be open to his thoughts and concerns.

Staying consistent and adapting to market changes will help you meet this goal.If you need help with financing or property strategies, feel free to reach out!

- Many PMCs have processes designed to weed out non-serious prospects, but often these processes aren't adapted to the specific marketplace or changing markets.Since the PMC processes are NOT working, what are they doing to change it to improve results?