With over 10 years of experience in managing and renovating properties, we understand the intricacies of effective rental management. 

Is now a bad time to buy because of the presidential election? Is there a large possibility of prices dropping?

There's also the CTA that came into effect  at the start of this year.

At the same time, it might be more cost effective to install coin op to lower laundry usage overall and add a bit to my water bill.

I tell them to sign if they want to extend and remind them if they don’t agree with new terms they must give notice by x date or those terms go into effect.

Down payment, credit score, and pre-payment penalty (on DSCR loans)  effect the interest rate and the cost of the loan a great deal.

If done this way, the investor could use this as a powerful tax strategy to spread the taxable event over years, lowering the effective tax rate faced from the taxable events.I have heard professionals compare it to an installment agreement, but with more control.

Are there less expensive ways to get access that are still effective? 

The trust would likely go into effect after your death and then would require filing of its own tax return and things of that nature.

I recognize that I don't know enough to be truly effective in my REI.