Because of this, unsophisticated appraisers reduce as-is value more than they should.2nd, the appraiser estimates the increase of value, based on your remodel plan.

Reduce your tax liability. 

note if it costs 4 times as much to evict but evicting reduced the bad tenants to 25%m it would be a wash.  

So having a plan, ability to do some things yourself, and building a team prior to starting is helpful in reducing some of that risk.

Not getting reduced taxes.

Yes, you lose the value add upswing, but you also reduce potential money loss and time loss.

Consider factors like retirement, landlord fatigue, property maintenance issues, or asset liquidation.

We can guide you through various loan types and help you choose what works best for your situation.To sum up:While starting with a local rental might give you more control and reduce potential headaches, there’s no harm in exploring out-of-state opportunities as long as you’re prepared for the management challenges.

Though CA authorities keep limiting the interest of such projects, I can still see interest in these projects based on the interconnection queues - still new ones are being added to study despite the increased cost and reduced revenue.You also make a great point regarding < 500kW systems.

We offered them 25% rent reduction in daily rent throughout the course of the 3 day repair, but they have countered with expecting a full days rent reduced for each day.