Put an end date to this as well in case the closing date pushes out which could change things.

Each change took a meeting, then two different public hearings, then a Board approval meeting. 

However some of the "easy parts" of residential change like financing and the term of the note.

Change some of the variables, it will give you an intuitive feel for where you need to focus next given the opportunities at hand.Finally, the ultimate combination is having a business AND invest in real estate.

If you look at the demographics of the city, we’re not growing but we’re rapidly changing”.Large institutional money has not found the Pittsburgh market yet.

Just make sure you account for Denver’s higher property taxes, insurance costs, and the ever changing landlord regulations when running your numbers.Feel free to ask more questions about the area or strategies—I’ve helped clients with similar goals and have personally done house hacks and short-term rentals around Boulder and Denver.

The reasoning from 2 was COVID and another said they changed the laws response to 2008. 

The tenant hasn’t been the greatest: late payment with not always paying late fees, multiple complaints from the neighbors, changing phone numbers, ect .

Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change  -- please see below)So we're hypothetically grossing $700k a year. 

This was my first time ever buying property.