Negative cash flow also can offset positive on other units to reduce taxes today.

After looking at your post, I realized it's probably necessary to have a dedicated real estate attorney handle this issue for me since it's serious and I might make a mistake big enough that probably will cost me too much money to fix.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Despite being based in NYC, I’ve learned to delegate, handle operations remotely, and watch my brother thrive as a leader on the ground in Boston.

To Chris' point, you can find lower options if you handle some of the management responsibilities.

Energy Efficiency ImprovementsInstalling energy-efficient windows, doors, insulation, and HVAC systems can appeal to modern buyers who want to reduce utility bills.

Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency,  trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.

The key is building systems and finding solid property management to handle things while you move around.

You could also list the property FSBO at a reduced price since there wouldn't be an agent.

Interest reserves will greatly impact cash to close and cash to operate and capitalized interest rates will reduce required cash for duration of project.