So my niche requires I find property owners with small to medium sized portfolios who are in the what’s next stage and helping them move money to improve there overall position.

This July of 2022 (18 months later) we invested another $40K or so into capital improvements.  

Then, you'll need to budget for leasing commissions if you're paying a broker, and any concessions to your new tenant - like tenant improvement allowances and/or free rent.

By demonstrating a commitment to sustainability, you can attract tenants who share your values and are willing to pay a premium for eco-friendly living.Tip #3: Streamline and Improve the Rental Experience with TechnologyTechnology can help you save time and improve the rental experience for both you and your tenants.

Also the area continues to infrastructure improvements like the expansion of roads and highways which shows a potential runway, Hope this helps in evaluating a new market.

if you use 1031 to purchase flips, I believe a 1031 "improvement" exchange could benefit you with a trusted contractor and diligent agent working for you to meet the time constraints. 

We've taken over properties with pretty poor furniture/decor choices, and been able to make large improvements without a huge spend.

In the past it was 13% CoC but it was reduced to 12% to improve liquidity since the investment is near the Permian Basin and heavily impacted by the oil crash.

Schedule a talk with me if you like and we can work together on improving SEO.

So there might be a way for your tax guy to help protect some of the $$ Anyone owning RE needs a CPA to help them with understanding tax law and capital improvements.