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!

Therefore your main competitive advantage is price.

For the purpose of this exercise, I would like to start by separating syndications into two categories: (1) smaller capital raises that will only attract the friends and family sized checks because they require too much brain damage for those with the larger check writing capabilities;  and (2) syndications with capital raises large enough to fit within the investment parameters of true private equity/family office check writing capabilities. 

Hopefully he will eventually see the advantages as time goes on.

It is WAY to easy to take advantage of out of state investors. 

This is circumstantial and market dependent but something you should explore if this land falls under this category.

How many tenants are pauing 20%+ rates on car loans and being taken advantage of and being sold cars that are "lemons"? 

We would only plan to manage our own properties.Would there be any tax advantages to starting our own property management company?

What advantage do you think this scenario brings for the seller/borrower?

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.