It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.

I've been renting a long time and never gave TV or appliances, but on rare occasion have done 13th month FREE. 

You call out the tenant for not requesting the smart lock be fixed, BUT it sounds like you knew about it!

the one that broke even was a fix and flip play that the fix happened but the flip did not work. 

Some of the additional benefits include:Reduction in current tax liabilityInsurance savingsImmediate increase in cash flowMinimization of recapture upon sale of the assetIdentifying disposition expensesIdentifying repair and maintenance expensesEnergy cost savingsConstruction tax planningPreservation tax credits (historical and new market)Fixed asset reviewDEIRA Reports (reduces insurance premiums, benchmarking reports, energy audits and reserve studies)What other questions do you have about cost segregation?

@Ana VhanNot sure if my attorney does fix fee for your situation, but she has been amazing.Kaitlyn​​​​ R.

FHA loans only require about 3.5% down, so it’s a great way to start generating passive income while keeping your housing costs low.If you’re leaning towards renting for now, you could still invest by looking at fix and flip properties or even partnering with someone more experienced to get your foot in the door.

I’m not sure if that helps.Why not fire the PM and get a new competent PM to fix this mess?

@Sean Fillmore I think I fixed it to where everyone can edit. 

It's fixed in '26.