Let them know how much you enjoy living in the home and mention that you’re planning to buy your own property in 2025.

(I did not hear the noise or  care but those much closer to the house did) so be careful with these kinds of plans  in the middle of a residential neighborhood.  

My plan is to maintain the status quo and benefit from annual rent increases and equity gain as the tenants' rent covers the mortgage.

I had a similar strategy with my first few house hacks: buy in great A & B Chicago neighborhoods....get by with minimum cash flow, and wait...What's your plan for the next purchase Michael?

- Cut back on your renovation plans.

My current plan is to stabilize this rental and aim to buy one property a year. what do you guys think of this deal and strategy?

I contemplated appealing it, but I figured I would go after the PM instead, which I plan to do.

If we were not able to raise the price of our homes by 20% or more we would had to stop.. my LORI plan started at 600k sold two of them and made our normal 100k net.. last loris I sold 36 months later went for 850 to 900k and we made right at 250k NET on those ones.. so it was very specific to plans that CASH buying empty nesters wanted ..

If you're wanting to get into construction managment there's two main areas you would need to make yourself an expert in; Reading plans & Scheduling.

Didn't she have a plan when she bought it?