Flying in monthly helps, but having a local contact (realtor, manager, or trusted partner) is key for regular updates.Use tools like progress photos, video calls, or project management apps to stay connected, and schedule visits at critical stages of the project.

For tenants, we want to create a stable and comforting home so we only work with owners who are willing to invest in the property and make a true home for the tenants.

Building relationships with wholesalers and staying active in local REI groups has also helped investors I know find opportunities that still pencil out.On the refi side, DSCR loans have been a solid option, especially for staying cash flow positive.

We see many travel or remote workers looking for flexibility with their stays, such as healthcare workers. 

We are in winter so hate to have the property stay vacant.  

Second, you’ll collect more money while doing less work Third you’ll stay legal with notices and operations.

We passed, but even little things like  string lights or not having a grate over the fire pit were big concerns.Overall the numbers in Fredericksburg are staying the same compared to 2022 in my experience.

It’s always a good idea to consult a tax professional or real estate bookkeeper to ensure you maximize your deductions while staying compliant.

Or stay a second year and sell tax free. 

I tell every Chicago investor who calls me about Milwaukee to stay in Chicago - the economic delta is just not big enough to take on the remote cost and efficiency burden.