And super low inventory means no discounts, even for properties in rough shape.

Since then, I still do some creative finance, but also do many BRRRR which also I have to buy them at a healthy discount.

In addition to joining the seller to the buyer at the hip for several years/decades when the seller wants a clean break, the properly-discounted, risk-weighted, money to be received by the seller is less than the immediate sale price.

Purchase price: $40,000 Cash invested: $120,000 Full of charm 2.5 Story Home Featuring: 4 Bedrooms, 2 Bathrooms, Hardwood Floors, Fireplace, Basement, Covered Porch.

For example, one of our tenants gets discounted rent from April-October for managing the landscaping. 

If it’s possible to get enough of the renovation done quickly then I’d move in some tenants even at a discount to provide protection from the squatter.

Start small and scale up gradually as you gain experience and capital.Don't discount tax savings from rental while building your portfolio.

And some of the biggest repairs not for some time (roof 20, hvac 10, etc) .To me, building a new sfh should allow you to get a bigger discount than what is typically available these days unless you're really getting lucky. 

Decide on things like kitchen use, bathroom schedules, and noise levels early.

Assets identified in this study include:Permanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.