Built in 1982 and renovated in 2020, the property has recently undergone extensive capital improvements.

We aim to create a harmonious living environment by adhering to all relevant laws and fostering a community based on respect, transparency, and continuous improvement.

Maybe if rates drop a bit and the market improves they can either try to refi again to pay us back or original investment or try selling later down the line. totally regret doing real estate at all - this is out of my expertise and I’m paying the price

It creates a great first impression and you can delay the backyard until cash flow improves.2.

Let's keep this discussion going to help others improve their strategies too.Best, Drago

Remember, C/D located properties generally appraise once improved for significantly more than they will actually sell in an arms length transaction so you can go to many C/D neighborhoods, successfully complete the BRRRR method but deal with  all of the operational difficulties of the asset class and then fail to achieve a sale figure remotely close to the favorable appraisal  that allowed for the proceeds to be returned through the refinance. 

You want to let them know that these repairs are to improve their living conditions.

-The large Capital improvement to the property greatly increases the basis for which you are able to depreciate the property.

It's the only software I have tried so I don't know how it compares.What I can say is it's easy to navigate and they keep making improvements at the request of their user's suggestions.

So, vacations, home improvements, etc. until they put the fish back in my barrel.