Another rental is in a great area but has struggled recently due to increased competition from newly built apartment complexes.

Reality: still here, only a temporary increase in the exemption.- Plan: eliminate NIIT - Net Investment Income Tax.

It's usually better to earn $200 less a month for one year than to sit vacant for two months, particularly in the winter.Consider a bigger drop for a 6-month lease to get through winter, then increase rent or find a new renter in the spring when competition is hotter.

That must be frustrating.How about price, is it still the 2020 price, or were there a lot of change orders and price increases as well?

@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

Four properties provide diversification, greater potential for appreciation, higher aggregate depreciation deductions, and increased cash flow over time but involve more management complexity and higher leverage risk.

Assuming the Oakland rental market continues to remain stagnant/competitive with newer buildings going up, is property appreciation the only way to increasing wealth with my building?

Asset manager role would be to give advice on property that could be value added and increase the income on a property by small or big tweaks.

Looking for reasons to increase those expenses sounds counterproductive. 5.