We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

When I established my investor services business in 2005, I posed a similar question to numerous experienced property managers.

You'll have 100% equity and can live off the cash flow the rest of your life.

I don't want to work my entire life away.

Underwriters want to see that the property is in an area that will support the valuation of the property with numerous comps so they can have confidence in the appraisal.

They should only call or knock on your door if there's a true emergency (life, flood, or blood type stuff).

Maybe even be one of the reasons why a life was turned around.

If I was master of the universe, I would require every opinion to be accompanied with examples of where the person actually executed that opinion in real life, with their own money. 

Brokerages just give you overview training, but they don't give you real-life experience and client opportunities.

A property manager handles the day-to-day tasks, freeing up your time to focus on other areas of your life or business.